Deregulation would Spur the Economy

Forbes reports that if the Democrats truly want to restore the economy to the prosperity enjoyed during the Clinton years and avoid the “fiscal cliff,” the administration needs to enact policies that mimic those years, which include repealing ObamaCare and reducing federal regulation. In addition, federal spending was much smaller then, and that would require $500 billion in immediate budget cuts, and the banishment of the destructive monetary policies promulgated by Federal Reserve Chairman Ben Bernanke. As MHProNews has learned, in order to avoid recession, and the stagnation that’s currently gripping Europe, President Obama needs to combine Clinton-era tax rates and encourage free enterprise to attain a true recovery.

(Photo credit: Wikipedia–President Bill Clinton)

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