On the start of Labor Day weekend-marked by the announcement that there were zero new jobs created in the country last month-President Obama offers the economy and workers some relief, though perhaps for purely political considerations.
Our friends at the Competitive Enterprise Institute comment:
President Barack Obama on Friday announced that he had ordered EPA Administrator Lisa Jackson to stop work on new national ozone standards until 2013. This delays until after the 2012 presidential election one of the most economically-destructive new regulations in the Obama Administration’s large arsenal of new job-killing regulations.
In an economy like this, be thankful for small favors.
