Don’t Believe the “Job Killer” Hype: Decades of Economic Research Show that Environmental Regulations are Good for the Economy

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When Donald Trump announced that he had picked billionaire investor Carl Icahn as a special adviser on regulation, he said that Icahn would be a “leader in helping American entrepreneurs shed job-killing regulations that stifle economic growth.” And there it is again. The perennial bogeyman. The mythological notion that regulations are bad for jobs and the economy has been repeatedly debunked, but it keeps coming back. This report reviews the evidence, and shows, once again, that there is no truth to the idea of “job-killing” regulations. In fact, decades of economic research demonstrate that the economic impact of environmental regulations has been overwhelmingly positive.

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