Tags: jeb | bush | regulation | economy

Jeb Bush: Government Regulations Killing Economy

Monday, 19 Dec 2011 04:07 PM

By Paul Scicchitano

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Former Florida Gov. Jeb Bush says that the cumulative decisions of elected officials are having a negative impact on America’s free market economy.

In an article Bush authored for the Wall Street Journal today, the Republican said that he was called upon almost daily as governor to take some sort of action that wasn’t always in the best interest of the economy — and that’s happening all over the country.

“Many times I resisted through vetoes but many times I succumbed,” he said. “And I wasn't alone. Mayors, county chairs, governors and presidents never think their laws will harm the free market. But cumulatively, they do, and we have now imperiled the right to rise.”

Bush, who has repeatedly declined to toss his hat in the 2012 presidential race, does not appear to be reconsidering an 11th-hour run, according to political experts contacted by Newsmax.

“He has very strong feelings and I think he wants those feelings to be relevant when it comes time for example, for the Florida primary,” explains InsiderAdvantage head Matt Towery, who describes Bush as one of the 10 smartest elected officials he has known over the years.

Towery views Bush’s column as yet another signal that he may be readying a return to public life following eight years as governor.

“This is probably the re-emergence of Jeb Bush into the political arena,” says Towery. “He is probably trying to make a statement and it will probably meld with something he does down the road.”

Republican strategist Bradley A. Blakeman, a former Bush appointee and a professor at Georgetown University, agrees that Jeb Bush is not likely positioning himself for a run at this time or even a bid for consideration as a vice presidential choice.

“I think Jeb Bush is trying to fill that void of a public figure, a leader of the party, but not a threat to anybody. He just wants to help and be constructive. Jeb could obviously be a great candidate for a cabinet position as well in a Republican administration,” according to Blakeman.
Bush argues in his column that government must make it easier for people to be successful — and even fail — in business.

“We have to make it easier for people to do the things that allow them to rise,” he says. “We have to let them compete. We need to let people fight for business. We need to let people take risks. We need to let people fail. We need to let people suffer the consequences of bad decisions. And we need to let people enjoy the fruits of good decisions, even good luck.”

He says that elected officials increasingly look to solve problems through legislation.

“Increasingly, we have let our elected officials abridge our own economic freedoms through the annual passage of thousands of laws and their associated regulations,” writes Bush, whose possible candidacy was reportedly floated recently in Robo calls throughout Iowa and New Hampshire.

“We see human tragedy and we demand a regulation to prevent it. We see a criminal fraud and we demand more laws. We see an industry dying and we demand it be saved. Each time, we demand "Do something . . . anything,” he writes.

Bush says the “right to rise” should not be confused with a libertarian utopia. He is advocating simply fewer and more outcome-oriented rules based on an “honest cost-benefit analysis” before they are imposed.

“Think about it. We talk about the right to free speech, the right to bear arms, the right to assembly. The right to rise doesn't seem like something we should have to protect,” he says.

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