The Washington Examiner excerpts Wayne Crews' CEI blog post on President Obama's rules affecting small businesses:
President Obama has issued nearly half again as many “major,” $100 million regulations during his six years as president as George Bush did in his final six. (Obama had 407 over the period, Bush had 277.)
However, when it comes to regulations impacting small business, Obama also comes out as the bigger regulator.
Fred Smith is the animating spirit at the Competitive Enterprise Institute. Fred conceived of the idea for an organization that would, in his words, “find a more positive answer to the challenge Joseph Schumpeter laid down in his essay, “Can Capitalism Survive?” He founded the organization and served as president for nearly three decades.
He died at the age of 83 at home in Maryland where he is survived by his beloved wife Fran. Fred was a friend and mentor, an advocate and ally, and an inspiration. His bright light lives on in our work.
Fred Lee Smith
December 26, 1940 – November 23, 2024