I think we need to significantly reduce the regulatory burden on the private sector. The Obama administration is doing the opposite. They’re loading on more and more regulation on the private respect to how the economy functions.

In this remark, Cheney frames economic recovery and growth as being constrained primarily by government rules rather than by market failures or insufficient demand. By contrasting his preferred “significant” deregulation with what he characterizes as the Obama administration’s expanding regulatory agenda, he advances a familiar conservative critique: that compliance costs, uncertainty, and federal oversight discourage private investment and hiring. The phrasing also functions politically, casting regulation not as consumer or environmental protection but as “burden” and “loading on,” implying excess and accumulation. The quote’s significance lies in how it encapsulates post-2008 partisan conflict over the role of the state in stabilizing markets and policing corporate behavior.