One Area Where President Obama has Created Jobs: Federal Regulatory Agencies!

In a recent article, Ramesh Ponnuru points out that at least one sector has created new jobs as a result of President Obama’s policies and agenda: Federal Regulatory Agencies!

BLOOMBERG: At least one sector of the economy is booming, and President Barack Obama can legitimately take credit for it. Since he took office, employment has surged 13 percent at federal regulatory agencies. The regulators’ budgets are up 16 percent. (These numbers are derived from a May report published by Washington University and George Washington University.) And that’s before some of the major regulatory initiatives of the administration — the financial-reform bill and the health-care overhaul — are fully implemented. . . . Read More