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Obama Wants to Shed Rules That Hurt Job Growth
Reuters ^ | Published: Tuesday, 18 Jan 2011 | 10:10 AM ET | Reuters

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


TOPICS: Government; News/Current Events
KEYWORDS: bribes; businesses; growth; jobs; obamacare; obamanomics; obambi; porkulus; protection; regulation; regulations; unemployment
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This guy is nucking futs...

How about starting with Obamacare.

1 posted on 01/18/2011 10:41:09 AM PST by Mr. K
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To: 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.

How about starting with ALL OF THEM?!?!

2 posted on 01/18/2011 10:42:57 AM PST by frogjerk (I believe in unicorns, fairies and pro-life Democrats.)
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To: Mr. K
While vowing to eliminate rules that are "not worth the cost, or that are just plain dumb,"

According to whom?

3 posted on 01/18/2011 10:43:04 AM PST by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: Mr. K

Is this article from The Onion?

Are we getting punked?


4 posted on 01/18/2011 10:43:27 AM PST by Bronco_Buster_FweetHyagh (I cling to guns and religion.)
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To: Mr. K

He’s a bloody gosh darn liar. Nothing else need be said.


5 posted on 01/18/2011 10:43:54 AM PST by jimfree (In 2012 Sarah Palin will continue to have more relevant quality executive experience than B. Obama.)
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To: Mr. K
oops... just noticed this gem:

"[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.

6 posted on 01/18/2011 10:44:51 AM PST by Mr. K ("...but Brondo has what plants crave")
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To: Mr. K

Looking to find new ways to take control of American businesses.


7 posted on 01/18/2011 10:44:56 AM PST by <1/1,000,000th%
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To: Bronco_Buster_FweetHyagh

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.


8 posted on 01/18/2011 10:45:35 AM PST by antiRepublicrat
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To: Mr. K

You mean his whole administration?


9 posted on 01/18/2011 10:45:43 AM PST by therightliveswithus
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To: Bronco_Buster_FweetHyagh

He’s a Bolshevik. Deception is their stock in trade.


10 posted on 01/18/2011 10:45:58 AM PST by BenLurkin (This post is not a statement of fact. It is merely a personal opinion -- or humor -- or both)
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To: Mr. K
OBAMABLIND
11 posted on 01/18/2011 10:46:11 AM PST by FrankR (The Evil Are Powerless If The Good Are Unafraid! - R. Reagan)
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To: Bronco_Buster_FweetHyagh

No- it’s not the Onion.

It’s CNBC (which is almost as silly as The Onion- but not on purpose)


12 posted on 01/18/2011 10:46:38 AM PST by Mr. K ("...but Brondo has what plants crave")
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To: Mr. K

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.....


13 posted on 01/18/2011 10:46:50 AM PST by Uncle Ike (Rope is cheap, and there are lots of trees...)
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To: All

hows is letting mexicans trucks and drivers in all over the country helping?


14 posted on 01/18/2011 10:47:21 AM PST by SF_Redux (the scarier part about all these Marxists is, that a few of them can breed .. with the opposite sex)
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To: Mr. K

Sorry Barry, the adults beat you to the press.

“Rep. Darrell Issa asks businesses to name onerous government regulations”

http://articles.latimes.com/2011/jan/05/business/la-fi-issa-business-20110105

January 05, 2011


15 posted on 01/18/2011 10:47:33 AM PST by WOBBLY BOB ( "I don't want the majority if we don't stand for something"- Jim Demint)
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To: Mr. K

Sure he does,

lets cut that Corporate Tax Rate in half then, as a start.


16 posted on 01/18/2011 10:48:02 AM PST by GeronL (http://www.stink-eye.net/forum/index.php)
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To: Mr. K

I’ve had enough of the lies.
I don’t understand how his children can even trust him.


17 posted on 01/18/2011 10:48:05 AM PST by jakota (®)
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To: Mr. K

Obama obviously believes the theory that the bigger the lie, the more likely people are to believe it.


18 posted on 01/18/2011 10:51:00 AM PST by KansasGirl
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To: Mr. K
Start by anything that drives the cost of energy up.

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.

19 posted on 01/18/2011 10:51:07 AM PST by DannyTN
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To: Uncle Ike

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”.


20 posted on 01/18/2011 10:51:25 AM PST by Maryland Man (NOW is the time for conservatives to rise up!!)
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