Friends of Manufacturing

Deregulation Spurs GDP Growth, White House Economists Say


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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