Obama's Regulation Con....

It conveys the impression that he is aware that it has been estimated that regulations drain 1.75 trillion out of the U.S. economy yearly. In other words it conveys the impression that he understands that well intentioned regulations, which often come spewing out government agencies after the latest crisis from oil spills to banking disasters, come at a cost and that he is no regulator-in-chief. That is the impression that the claim is meant to make.

The reverse is the case.