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I would disagree that it is predicated on economic concerns. Whether the economy is low or high, corporate interests will oppose regulations and grease palms for extra profit. There may be lip service paid to environmental concerns when the economy is on the upswing, but true reform never happens. Even if Obama had left this rule in place, you can be sure that its effects would have had minimal impact in the long run. And since when have corporations been worried about cutting jobs? LOL

The result is the same as you describe, but I thought I would add this caveat.

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