Obama’s economics team is taking on one of America’s most underrated economic problems

Regulating entry into certain kinds of professions on the grounds of health and safety makes sense, but once a process is set up to exclude people from doing a job, incumbent practitioners have a strong economic incentive to use the licensing board as a means to eliminate competition.

This was tried by Jerry Brown (I think) and the attack ads making health and safety started before the ink was dry on the bill’s first draft.