There is a way out, but it is not easy. Historically, regulation and standards have required acceptance by progressive business-those firms that recognized they would lose in races to the bottom. Today, corporate and public policy alike are run by the most reactionary elements, well-paid rogues that suck capacity.
For the last five years Republicans have valiantly tried to blame the economy's problems on supply rather than demand. Excessive government intervention, regulation and uncertainty have raised businesses' costs and discouraged them from hiringnd extended unemployment benefits has discouraged many from working.
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