Debunking the GOP business confidence meme

Larry Mishel points us to the American Enterprise Institute response to his paper debunking the regulatory uncertainty meme. It’s quite something, because there’s nothing there.

Mishel coherently points out that [believing] this “regulatory uncertainty” argument requires its proponents to have a particularly peculiar form of amnesia, given that the worldwide economic collapse we are now experiencing is due to a failure to sufficiently regulate financial markets.

http://www.epi.org/publication/regulatory-uncertainty-phony-explanation/