Skip to comments.Obama Wants to Shed Rules That Hurt Job Growth
Posted on 01/18/2011 10:41:07 AM PST by Mr. K
President Barack Obama Tuesday ordered a government-wide review of regulations with the goal of eliminating those that hurt job creation and make the U.S. economy less competitive.
Photo by : Pete Souza President Barack Obama --------------------------------------------------------------------------------
Obama took action after unveiling his plan in an op-ed piece in the Wall Street Journal in which he said some rules have placed "unreasonable burdens on business burdens that have stifled innovation and have had a chilling effect on growth and jobs."
The executive order marked Obama's latest move to repair relations with U.S. business, which were frayed amid bitter debate over his overhauls of Wall Street regulations and healthcare that some business leaders said would stymie corporate America.
Obama has struck a more business-friendly tone since his Democrats lost the U.S. House of Representatives and saw their Senate majority reduced in November congressional elections widely seen as a verdict on his handling of the stumbling economy and persistently high unemployment.
It was not immediately clear, however, how far-reaching Obama's new regulatory strategy would be in changing the way the federal government operates.
Despite Obama's promise, the administration's legislative victories are producing dozens of new regulations, on everything from credit card fees to health insurance premium increases, to the annoyance of the business community.
Obama said he would require that in the future, government agencies "ensure that regulations protect our safety, health and environment while promoting economic growth."
He also issued a memorandum to all executive agencies calling for "more transparency and accountability in regulatory compliance" and a second one on the need to "reduce burdens on small businesses whenever possible," the White House said.
Business leaders say government regulations, including those being written for the healthcare and financial reform, have hurt job creation at a time of nearly double-digit unemployment.
"It's a review that will help bring order to regulations that have become a patchwork of overlapping rules, the result of tinkering by administrations and legislators of both parties and the influence of special interests in Washington over decades," Obama wrote.
The president, noting that small businesses create most new jobs in the economy, also said he would direct the government to make a greater effort to reduce the burden regulations place on them.
While vowing to eliminate rules that are "not worth the cost, or that are just plain dumb," the president said his administration would not shy away
How about starting with Obamacare.
How about starting with ALL OF THEM?!?!
According to whom?
Is this article from The Onion?
Are we getting punked?
He’s a bloody gosh darn liar. Nothing else need be said.
"[This] executive order marked Obama's latest move "
He might SAY he is using exectuive order to eliminate job killing laws but his lips are moving so he must be lying. He wants to make new law to override old law, by exectuive order.
So he is going to executive order any laws he doesnt agree with - rather than go through that bothersome congress thingy.
Looking to find new ways to take control of American businesses.
The official line from the Obama administration was that the revolt of 2010 was pretty much meaningless. I think this shows his advisors know the truth, and that he’d better follow the will of the people unless he wants to be a one-termer.
You mean his whole administration?
He’s a Bolshevik. Deception is their stock in trade.
No- it’s not the Onion.
It’s CNBC (which is almost as silly as The Onion- but not on purpose)
Let me guess -
Yet another ‘Blue Ribbon Panel’ consisting of currently out-of-work Lefties, plus a few (also out-of-work) RINOs — which will spend 6-months-to-a-year and millions of dollars, and which may or may not issue a report that everybody will take issue with, and then be quietly circular-filed....
I think I’ve seen this movie before.....
hows is letting mexicans trucks and drivers in all over the country helping?
Sorry Barry, the adults beat you to the press.
“Rep. Darrell Issa asks businesses to name onerous government regulations”
January 05, 2011
Sure he does,
lets cut that Corporate Tax Rate in half then, as a start.
I’ve had enough of the lies.
I don’t understand how his children can even trust him.
Obama obviously believes the theory that the bigger the lie, the more likely people are to believe it.
Either electric or fuel. It's one of the 4 major inputs into the economy.
Lower fuel costs, and you lower food costs.
Lower electricity costs and you lower manufacturing costs.
Lower electricity costs and consumers instantly have more money in their pockets.
Lower electricity costs and alternatives to fuel become more viable.
The audacity to do this a couple of days after his own Democrat Senators in WV are complaining about the EPA shutting down coal mines that have already been approved in the permitting process.
Now we do a review after all these jobs are lost. And still no drilling in parts of the Gulf, costing jobs.
This is nothing but more smoke and mirrors so the media can say “he is really trying hard”.
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