Graph of the Day for June 12, 2010

"... the Bush administration's eight long years of failed deregulation policies."  Nancy Pelosi.


"... excessive deregulation is at the root of the current crisis."  George Soros.

"... these Bush hypocrites, who spewed for years the glory of unfettered Wild West laissez-faire jungle capitalism."  Nouriel Roubini.

"... the victim of decades of Republican deregulatory and anti-tax policies."  The New York Times.

"... atrocious economic policies of the Bush administration... deregulation and . . . a withdrawal of supervision of Wall Street."  President Jimmy Carter.

"The biggest problem in this whole process was the deregulation of the financial system."  Barack Obama.

Source:  Jeff Jacoby, 2008.

"Republicans in power previously for eight years deregulated banks, and that was a contributory factor."  David Letterman, 2010.



Source:  Susan Dudley and Melinda Warren of the Weidenbaum Center, Washington University.


Hoven's Index for June 12, 2011


Growth in spending on federal economic regulations (2005 constant dollars):

Reagan (1980 to 1988):  +21%

Clinton (1992 to 2000):  +33%

George W. Bush (2000 to 2008):  +34%

Growth in federal staffing for economic regulation:

Reagan (1980 to 1988):  -11%

Clinton (1992 to 2000):  -12%

George W. Bush (2000 to 2008):  +6%

Source:  Susan Dudley and Melinda Warren of the Weidenbaum Center, Washington University.


Graph of the Day Archive.

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