<img src="http://washingtonexaminer.com/files/styles/article-main-image/public/main/blogposts/b-red-tape-rising-MARCH-2012-chart-2.gif"> Some 10,215 new federal regulations from the Obama administration are costing consumers, businesses and the economy overall $46 billion annually, more than five times the regulatory price tag of former President Bush in his first three years in office. Worse: just implementing those regulations had a one-time additional cost of $11 billion, according to a Heritage Foundation analysis provided to Washington Secrets. The analysis backs ups complaints from the U.S. Chamber of Commerce and other business groups that the presidentâs regulations are stalling the economy and employment growth. It also calls into question Obamaâs promise to put the breaks on new regulations and his State of the Union bragging about issuing less red tape than Bush. The fact is, said Heritageâs review, hundreds more costly regulations are coming, especially those targeting energy companies and Wall Street. They threaten âto further weaken an anemic economy and job creation,â said Heritageâs James Gattuso and Diane Katz. http://washingtonexaminer.com/polit...-new-study-finds-obama’s-regs-cost-46-billion
Cursory check from the 'leftist' media group, Bloomberg. Obama Wrote 5% Fewer Rules Than Bush While Costing Business President Barack Obamaâs âtsunamiâ of new government regulations looks more like a summer swell. Obamaâs White House has approved fewer regulations than his predecessor George W. Bush at this same point in their tenures, and the estimated costs of those rules havenât reached the annual peak set in fiscal 1992 under Bushâs father, according to government data reviewed by Bloomberg News. The average annual cost to businesses under Obama is higher than under his predecessors, the Bloomberg review shows. The increase is estimated to total as little as $100 million or as much as $4.1 billion, or at most three one-hundredths of a percent of the total economy. -snip- How Obama Compares Obamaâs White House approved 613 federal rules during the first 33 months of his term, 4.7 percent fewer than the 643 cleared by President George W. Bushâs administration in the same time frame, according to an Office of Management and Budget statistical database reviewed by Bloomberg. I think I might tend to think Bloomberg is a little more realistic than the Heritage group, but that's just me. And, look, we all know there are too darn many regulations hitting us every day. But, let's keep things in perspective, try not to get so politicized about every damn thing. oops: forgot this http://www.bloomberg.com/news/2011-...r-rules-than-bush-while-costing-business.html c
Nothing back on this one? Oh well, that was easy. Just kidding, was just showing some facts here, not trying to start a flame. c
It's Heritage, the same group that said Ryan's plan would lower unemployment by 2020 to 2.8%. It's a damn shame Cato is going to become an ammo shop for the 1%'ers.
They are furiously consulting THE GOOGLE. C, you are outed. Just come on over. It will be easier. You are a smart cat, and we will be glad to have you. You got no friends over there. Declare your loyalty, and be done with it. If Mittens would just do that, he would coast.