I WOULD have expected a former legislator and businessman like John Sununu (“Vague law will hobble the economy,’’ Op-ed, June 13) to have a more sophisticated view of how government policy and regulation interact with business investment decisions and job creation. Unless, of course, his argument is based more on political ideology than economics.
Like Sununu, I have experience working in the high-tech industry and as a legislator. Virtually all big decisions facing a business — building a new factory, entering a new market, anticipating a competitor’s next move — are fraught with uncertainty. Business executives are paid to make decisions under uncertain conditions.
New or changing government regulations are just one of many factors and, in most cases, fairly low on the list. To suggest that uncertainty regarding the final regulations implementing the Dodd-Frank Act is hobbling the economy is a gross exaggeration.
When lawmakers enact legislation, they deliberately leave many of the details up to experts in that field to implement through rules and regulations. This may take longer and create a bit more uncertainty, but it is much more effective in achieving public policy goals and minimizing unintended consequences.
Jason Lewis
Winchester
The writer is a Democratic state representative for the 31st Middlesex District. ![]()



