Sunday, January 23, 2011


“How successful is the president?s recently announced deregulatory initiative likely to be?
Based on my experience at two regulatory agencies...during the Reagan years, I?m not optimistic.

“The permanent staffs of agencies were always interested in more regulation, either becuase of self-selection or because promotions and power increase in a larger agency.

“Deregulation was hard even under Reagan. I am afraid it will be impossible under Mr. Obama."

Can Deregulation Work?
--Paul H. Rubin, professor economics, Emory University,
in The Wall Street Journal, January 21, 2011.”

“The nearest thing to eternal life we will ever see on this earth is a government program.”

--Often said by President Reagan during his years in office.