Tuesday, the president issued a new executive order on cost-benefit analysis and regulation. Already, the right has denounced it as a paean to collectivism and the left has declared that Obama has sold out to business groups. In fact, both sides are incorrect. The surprising reality is that cost-benefit analysis, as it will likely be practiced under the Obama administration, is not nearly as threatening as its detractors suggest. Then again, neither is it as revolutionary as its supporters like to imagine.Long ago, cost-benefit analysis was a rallying cry for conservatives. It was brought to...
Daniel Inouye David Vitter Debbie Stabenow Dennis Hastert Dennis Kucinich
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