This exercise by the GOP in and of itself wasteful spending of our taxpayers dollars and time because the Obama administration has already charged the appropriate agencies to go through all redundant and nonsensical regulations to streamline the process for businesses. Repeatedly, it has been studied and shown that regulations do not dampen business prospects and have the GOP as a whole forgotten the it is precisely due to the de-regulatory environment under the Clinton and Bush administrations that the whole financial crisis was allowed to develop and then implode from within to then take down the whole global economy. We need to embrace the fact that corporations naturally go to the lowest regulatory denominator, they are not capable to self-regulate nor can the markets. Government is absolutely needed for that job to protect us, the workers, the environment and the corporations from themselves.
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