Friends of Manufacturing

Deregulation Spurs GDP Growth, White House Economists Say

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Deregulation will stimulate the growth of gross domestic product in the U.S., the White House Council of Economic Advisers concluded in a report released Oct. 2, though several public-interest groups are dubious.

Excessive regulation is a tax on the economy, costing the U.S. an average of 0.8 percent of GDP growth per year since 1980, the CEA report said, citing previously published academic research.

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