Britain comes to its senses . . . a little
I’m not often jealous of other countries. The United States continues to be the greatest nation in the history of the world. But the longer that Obama and the hard left are running things, the more likely it is for that exceptional nature to ebb. Already, we’ve slipped more than six positions in various indices of economic freedom. Other countries’ currencies are doing better. Canada, once well to our left, is now engaging in market reforms that are having a salutary effect on their economy and their liberty.
And even in the UK, long afflicted with the same creeping statism we have here, they’re coming to their senses, at least in one area:
UK Energy Minister Charles Hendry announced yesterday the scrapping of 86 environmental regulations that will save businesses £400 million over the next 20 years.
The package of reforms, which also includes improvements to a further 48 regulatory regimes, is part of the government’s Red Tape Challenge that aims to remove surplus regulation hindering businesses.
“It is vital that we have a regulatory regime which promotes fairness and consumer and environmental protection, but does not impose unnecessary costs or barriers to generating the necessary investment, innovation and skills we need to build the low carbon economy,” says Hendry.
“but does not impose unnecessary costs or barriers to generating the necessary investment, innovation and skills”
What a novel thought!