Rand Paul, Geoff Davis pretending to create jobs

August 12, 2011
By David M. F. Schankula

The Republican Party, of course, has no plan to create jobs. All they want to do is roll back government regulations so corporations that already make a killing can make even more money. If that were a plan, the Bush years would have created a lasting economy of increasing personal wealth and full national employment. Instead, the direct opposite is true.

Yet here they go again.

As the economy continues to struggle, the Republican party has five basic plans “to create jobs,” yet the top two are simply about attacking “big government” and have nothing to do with creating new jobs.

The GOP’s foremost plan to not create jobs is actually the brainchild of Kentucky (which should be a warning in itself to the rest of the nation) Congressman Geofferson Davis and Senator Rand Paul:

1. REINS Act

The signature jobs initiative for Republicans when Congress returns in September is an attempt to pass the REINS Act (Regulation from the Executive In Need of Scrutiny).

The REINS Act would require Congress to approve every major new regulation proposed by the White House before it takes effect. If Congress does not act within 70 days, the rule is void.

This would severely limit the power of the executive branch, since no regulations – such as the Environmental Protection Agency’s regulation of greenhouse gases – could become effective without approval from both houses of Congress, a high bar. In this way, congressional Republicans are seeking to bring back to Congress the regulatory powers that have gradually devolved to the executive branch during the past 50 years.

Sponsors include Rep. Geoff Davis (R) of Kentucky and Sen. Rand Paul (R) of Kentucky. The bill is endorsed by business groups, including the US Chamber of Commerce, which is launching a summer regulation road show to boost public support.

The Christian Science Monitor looks at the GOP’s top five plans, so if that’s #1, you can either imagine where it goes from there or you could read the others. It’s hard to say which would be more depressing.

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