Adam White on What the Coronavirus Recovery Requires
Excerpts from Adam White’s WSJ op-ed:
…the people and businesses that have been hurt the most by public-health shutdowns would gain the most from targeted, temporary relief from regulatory burdens. Temporarily recalibrating enforcement priorities would strike the right balance between short-term relief and long-term stability.
Lawmakers have passed more than $2 trillion in economic relief and will probably end up spending more. The president should order agencies to examine which regulatory enforcement programs unnecessarily cut against these relief efforts.
…the White House should take the lead, and it can follow President Obama’s example. In 2011 and 2012, he issued a series of executive orders directing agencies to think more creatively in “identifying and reducing regulatory burdens” and improve their regulations by doing “retrospective” analyses of old regulations. Mr. Obama even issued an order asking traditionally independent regulatory commissions to rethink their regulations.