Sunday, October 16, 2011

Study Shows Regulations Account for Only 0.2% of All Layoffs


By: David Dayen
Friday October 14, 2011 6:22 am

The new new thing in journalism is a little thing called fact-checking. I know, it’s very novel. What happens is that claims are actually tested and subjected to a rigorous analysis. We’re still one step away from the test happening BEFORE the alleged facts get into stories; usually the “fact check” article is separate from the he said/she said article. But the discriminating reader can actually determine the truth from the lies after several years of reading.

So one of these fact-checks has gone ahead and debunked one of the two central themes of Republican job creation plans, that simply deregulating industry will bring about a job boom. Turns out that regulations aren’t responsible for jobs:
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