Dear John Crudele:

It’s called the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Now there’s an oxymoron! This regulation has cost the U.S. billions in lost gross domestic product, killed millions of high-paying jobs and introduced enough growth-crippling regulation to ensure economies around the world remain chasing their respective tails for years to come.

As former Rep. Barney Frank makes the celebrity circuit rounds on CNBC, perhaps he needs to call out just how catastrophic this failure was.

I just think it’s worth calling out the Dodd-Frank bill as a job-killing disaster that is misguided and overzealous in all the wrong areas. Just imagine when something more complex comes along.  ---- J.P.

Dear J.P.:

OK, I let you “call out” the Dodd-Frank legislation and expose its warts.

But here’s the thing: When Wall Street cheats, as it did in advance of the Great Recession, our legislators are going to overreact in hopes of appeasing the public.

Did Dodd-Frank cost America jobs? Dunno. Neither does anyone else since there were/are a lot of dynamics going on at one time in the American and world economy.

But thanks for making me and others think.