On Wednesday, in a 241-to-184 vote, the House of Representatives passed H.R. 10, the "Regulations from the Executive in Need of Scrutiny" (REINS) Act, which would require congressional approval from both houses for any major new regulations. Four Democrats slithered across the aisle and voted with the Republicans: John Barrow (GA), Dan Boren (OK), Mike McIntyre (NC), and Collin Peterson (MN).
The claim, unsurprisingly, is that, released from the presumably unbearable burden of regulations, businesses will be able hire more employees. But there is little evidence that regulations hamper the economy.
What we have here is nothing more or less than the Tea Partiers proving to their constituents and, more importantly, to their corporate sugar daddies that they're doing all they can to "rein in" and undermine the executive branch. Never mind that Obama has put forward fewer regulations than W had at this point in his tenure. Never mind that the bill is highly unlikely to be introduced in the Senate. Never mind checks and balances (I swear none of these guys was paying attention in high school civics class).
This is the House's pathetically laughable idea of a jobs bill. While the Tea Partiers kowtow to their corporate backers and cozy up to ideological lunacy, the economy continues to teeter on a precipice. It's immoral and unconscionable for these jackals to play politics and unrelentingly adhere to their crackpot ideology while unemployment levels are so high.