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Study: Obama has regulated business less than Bush

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As Republicans accuse President Barack Obama of regulating businesses right out of their ability to create jobs, a new study by Bloomberg News seems to have knocked their talking point down.

The agency reported this week that President Obama has written even fewer business regulations than George W. Bush did when he was president, and Obama’s regulations aren’t as costly as those written by Bush Sr.

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The costs of complying with Obama’s regulations, however, is slightly over the costs leveraged by prior administrations’ regulatory efforts, but not by much. Bloomberg estimated that Obama’s rules cost just “three one-hundredths of a percent of the total economy.”

The study also found that the costs for compliance have gone up mostly due to monetary inflation, and not because of additional burdens placed on companies.

Overall, in his first three years, Obama has approved 613 new federal rules, while Bush approved 643.

Bloomberg News’s figures do not take into account cost savings from the benefits of regulations, such as fewer health issues arising from cleaner air and water, or fewer automobile accidents from safer roadways.

Read the rest here.

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Photo: Flickr user AN HONORABLE GERMAN.


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New Zealand epidemiologist: ‘We look at Trump’s behavior and we’re horrified’

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To learn how New Zealand has largely eliminated COVID-19, we continue our extended interview with Michael Baker, an epidemiologist who is a member of the New Zealand Ministry of Health’s Technical Advisory Group and advising the government on its response to the COVID-19 pandemic. He describes how the country’s response compares to the government actions in the United States and worldwide.

This is a rush transcript. Copy may not be in its final form.

AMY GOODMAN: This is Democracy Now!, democracynow.org, The Quarantine Report. I’m Amy Goodman, with Juan González, as we bring you Part 2 of our discussion of New Zealand.

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Trump White House hammered for covering up their own economic projections as jobs vanish

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The Trump White House has decided against releasing midyear economic projections this summer, breaking precedent at a time when unemployment is expected to top 20 percent.

The Washington Post reports that the administration is not releasing updated economic projections that "would almost certainly codify an administration assessment that the coronavirus pandemic has led to a severe economic downturn" with massive job losses that have topped 36 million in just two months.

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Joe Scarborough can sue for defamation — and ‘it could require Mr. Trump to pay substantial punitive damages’: Legal expert

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MSNBC's Joe Scarborough may have a defamation case against President Donald Trump, according to one legal expert.

Peter Schuck, an emeritus professor of law at Yale and visiting professor at the University of California, Berkeley, laid out the case against the president in a new column for the New York Times.

"Trump’s wantonly cruel tweets about the tragic death in 2001 of Lori Klausutis are distinctive," Schuck writes. "They may constitute intentional torts for which a civil jury could award punitive damages against him."

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