Economics

Obama Pens Pro-Business Op-Ed for WSJ That Often Says He’s Not

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President Barack Obama extended his latest peace offering to businesses in a venue where he often finds himself the target of criticism: The op-ed section of the Wall Street Journal.

Obama used those pages yesterday to write his own article making the case that his administration is addressing outmoded federal regulations that impede economic growth. While praising moves like the financial market overhaul he signed last year, Obama said the government sometimes places “unreasonable burdens on business” that have a “chilling effect on growth and jobs.” He also signed an executive order calling for a government-wide review of regulations to remove or revise those that stifle economic expansion without helping consumers.