Focus Point - DeregulatingCommentary by Pete du Pont
April 25, 2001
I'm Pete du Pont with the National Center for Policy Analysis. Among president Bush's good moves is one that may not have made headlines, but is worthy of mention.
He picked Harvard professor John Graham to run a department in the office of Management and Budget that passes judgment on every regulation drawn up by more than fifty government agencies.
Don't yawn; this is important stuff, and Graham is just the guy for the job.
By most reputable calculations, federal regulations cost the economy $700 billion a year. Lots of them are unneeded and a burden. Graham has made a name for himself running a Harvard center that studies regulations' cost-to-benefit ratios. Seat belt laws, for example, cost next to nothing, and save lives.
Some environmental regulations, on the other hand, cost millions and don't do much. Think of Graham as the common sense filter through which federal regulations will have to pass before they get the chance to wreak havoc.
The left, predictably, is having fainting spells over the selection. I can't wait for Graham to get to work.
Those are my ideas, and at the NCPA we know ideas can change the world. I'm Pete du Pont. Next time, broadcasting executions.