"Worst. President. Ever."
With unemployment at 9.2%, the Obama Administration added over $9.5 billion in new regulations in one month.
Heritage Action reported, via American Thinker: http://www.thegatewaypundit.com/2011/08/obama-added-9-5-billion-in-new-regulations-in-last-month/
With unemployment at 9.2%, the Obama Administration added over $9.5 billion in new regulations in one month.
Heritage Action reported, via American Thinker: http://www.thegatewaypundit.com/2011/08/obama-added-9-5-billion-in-new-regulations-in-last-month/
Posted on The Gateway Pundit by Jim Hoft on Tuesday, August 23, 2011
While Congress was focused on increasing the debt limit and giving Americans the impression that they were actually working towards reducing our debt (which didn’t happen), President Obama and his administration quietly piled on $9.5 billion worth of regulations to job creators…in just one month!“While Washington and Americans have been focused on the debt ceiling, the Obama administration has continued to roll our more crushing red tape,” a spokesperson for Senator John Barrasso (R-WY) said.The new regulatory costs include 229 new rules and the finalization of an additional 379 rules, the majority of which came from (no surprise) the EPA, the new healthcare takeover law, and the Dodd-Frank financial takeover law.So as President Obama and his liberal allies complained that enough wasn’t being done to stimulate job growth during the debt debate, we find out that they were actually working to make it even harder to create jobs. The President has also indicated – for the Nth time – that he will now “pivot” towards creating jobs.
"The more corrupt the state, the more numerous the laws."
-- Tacitus, Roman senator and historian (A.D. c.56-c.115)
source: Teogatha Law, Liberty Quotes at: http://www.teogathalaw.com/library/Famous-Quotes/Liberty-Quotes/
source: Teogatha Law, Liberty Quotes at: http://www.teogathalaw.com/library/Famous-Quotes/Liberty-Quotes/
View quotes at http://harrold.org/quotes
4200 New Regulations in Obama Pipeline - so far...
by Bob Beauprez, 25Aug11
article source: http://finance.townhall.com/columnists/bobbeauprez/2011/08/25/4200_new_regulations_in_obama_pipeline-_so_far/print
Way back in January President Obama ordered "a government-wide review of the rules already on the books to remove outdated regulations that stifle job creation and make our economy less competitive."
From that statement alone, you might conclude that Obama already knew that finding needless, burdensome regulation in the 81,000 pages of the federal register would be easy pickings.
More than seven months later, the Administration has announced the results of that exhaustive review. By the White House's own undoubtedly inflated estimate, the net benefit will barely be worth one-tenth of one penny of every dollar of expense caused by compliance with federal regulation.
Cass Sunstein, the Regulation Czar, says the regulation relief he announced yesterday will save business $10 billion over five years. But, the latest analysis by the Small Business Administration (SBA) calculates that compliance with federal regulation costs a staggering $1.75 trillion annually - and, that is a 2008 pre-Obama Administration estimate.
That does not include the 75 new major rules generated by Obama in just his first 26 months at an additional burden of $40 billion according to a study by the Heritage Foundation.
Worse, still to come are the impending clean air rules from the EPA, new derivative rules, net neutrality rules, the new CAFE fuel mandates, and the avalanche of rules mandated by ObamaCare and the Dodd-Frank legislation.
The government admits there are 4200 new rules or revisions already in the pipeline.
Sunstein's announcement is like finding a man drowning under Niagara Falls and "saving" him by removing a cup of water. It is further evidence of the complete detachment from reality by this Administration, and an insult to the intelligence of working people and employers alike to pretend that this is the sum total of outdated, duplicitous, needless regulation that in Obama's own words, "stifles job creation."
But, then should we have expected anything different from the Administration that the Wall Street Journal says has "turned a regulatory firehose" on American business?
Bob Beauprez is a former Member of Congress and is currently the editor-in-chief of A Line of Sight, an online policy resource. Prior to serving in Congress, Mr. Beauprez was a dairy farmer and community banker. He and his wife Claudia reside in Lafayette, Colorado. You may contact him at: http://bobbeauprez.com/contact/
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