Marginal Revolution: Has regulatory uncertainty slowed the economic recovery?

the slow aspects of the recovery do not, contrary to some accounts, seem to stem from uncertainty about the plans of the Obama administration

via www.marginalrevolution.com

Tyler Cowen questions whether regime uncertainty is playing a large role in the great recession. I'm not convinced by his analysis, and can think of tentative evidence suggesting it is playing a role, but his post is well worth considering. What do you think?

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