by Jon Sanders
Research Editor and Senior Fellow, Regulatory Studies, John Locke Foundation
The News & Observer’s editorial today uses the following terms to describe this year’s signature regulatory reform of sunset provisions with periodic review:
As Dorothy Parker reportedly remarked, “What fresh hell is this?”
But in the economic model in use by the N&O, none of that registers. The model’s governing assumption is, of course, that everything was fine in the state until 2011, when Republicans showed up and started Changing the Way We Have Always Done Things. Now with Gov. Pat McCrory having signed this major regulatory reform, the N&O has revealed another tenet of its Keys to Economic Growth:
Note that: “in large part.” It’s not a contributing factor in the model; it’s the primary one.
That’s why changing the regulatory climate is so uncommonly reckless, in N&O-nomics. Illogical, even. Dangerous.