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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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To: Mr. K

If that assclown obama resigned today the stock market would instantly explode and job loss numbers would instantly start declining.


21 posted on 01/18/2011 10:52:03 AM PST by mowowie
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To: Mr. K

Increase job growth would require companies locally... Which also requires investment capital to fund them.

To get there, reduce taxes on everyone, corporations and individuals alike, and introduce strict tariff policies on goods coming from countries with average yearly salary under some number (like $5k... some percentage of the average American salary)

This will allow capital to build and give enough ‘room’ for local corporations to compete


22 posted on 01/18/2011 10:54:57 AM PST by sten (fighting tyranny never goes out of style)
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To: Mr. K

He’ll make it easier to hire illegal aliens (undocumented Democrats).


23 posted on 01/18/2011 10:55:10 AM PST by grumpygresh (Democrats delenda est)
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To: Mr. K

1) Obamacare
2) The EPA
3) Timmy at Treasury
4) START Treaty
5) Fanny & Freddie
6) Balance of TARP funds
Oh....and he could resign and compete w Rham for Chicago Mob Boss


24 posted on 01/18/2011 10:55:21 AM PST by G Larry
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To: Mr. K

When Obama thrusts his chin up (a take on Hitler and Musolenni) with his tongue in cheek you can be certain something will be said, not necessarily the truth or transparent.


25 posted on 01/18/2011 10:57:43 AM PST by noinfringers2
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To: Mr. K

When Obama thrusts his chin up (a take on Hitler and Musolenni) with his tongue in cheek you can be certain something will be said, not necessarily the truth or transparent.


26 posted on 01/18/2011 10:58:11 AM PST by noinfringers2
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To: Mr. K
We just need to shed one thing.

ZERO

27 posted on 01/18/2011 11:00:25 AM PST by DeaconRed (The Power of LUST. . . . Just ask Tiger . . . . . . . I mean CHEETA)
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To: Mr. K

How would the Obamaloon know what helps jobs?

He’s never had one.

To include the position he’s posing in now...’nudder golf game, Obama-hole???


28 posted on 01/18/2011 11:00:52 AM PST by Da Coyote
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To: Mr. K

See:http://www.freerepublic.com/focus/f-news/2658974/posts


29 posted on 01/18/2011 11:02:06 AM PST by Marty62 (Marty 60)
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To: jimfree
He’s a bloody gosh darn liar.

Kind of violent, don't you think?

;)

30 posted on 01/18/2011 11:03:11 AM PST by Las Vegas Ron (The Tree of Liberty did not grow from an ACORN!)
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To: Mr. K

Today Obama took the first step to improve job growth; he stepped down. (If only).


31 posted on 01/18/2011 11:04:28 AM PST by windsorknot
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To: Mr. K
"more transparency and accountability in regulatory compliance"

YOU LOST! Now go sit in the back.


All this gibberish must be from finally reading the health bill he signed.
Or not.

32 posted on 01/18/2011 11:08:06 AM PST by MaxMax
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To: Maryland Man

“This is nothing but more smoke and mirrors so the media can say “he is really trying hard”.”

Worse than that it is ‘cover’ for gouging businesses and special interest groups for donations.
The conclusions of the reviews will depend on donations.
This happens often anyway but Obama is really going to accelerate it- mainly because of the loss of the House where most of this kind of fundraising traditionally happens.


33 posted on 01/18/2011 11:09:44 AM PST by mrsmith
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To: MaxMax

This is the ratchet effect.

Obama is going to sacrifice a few rules in order to keep the most oppressive.


34 posted on 01/18/2011 11:10:17 AM PST by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: Mr. K; All

Take a minute and read a great and prophetic quote.

The mania for giving the Government power to meddle with the private affairs of cities or citizens is likely to cause endless trouble, through the rivalry of schools and creeds that are anxious to obtain official recognition, and there is great danger that our people will lose our independence of thought and action which is the cause of much of our greatness, and sink into the helplessness of the Frenchman or German who expects his government to feed him when hungry, clothe him when naked, to prescribe when his child may be born and when he may die, and, in time, to regulate every act of humanity from the cradle to the tomb, including the manner in which he may seek future admission to paradise ~ Mark Twain


35 posted on 01/18/2011 11:10:24 AM PST by GOYAKLA (Flush Congress in 2010 & 2012)
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To: All

a move to the center, a move to soothe inflamed business interests, a way to start filling reelection coffers from big business.


36 posted on 01/18/2011 11:11:10 AM PST by RBIEL2
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To: Mr. K

City, County and State Regulations hurt Job Creation the most.


37 posted on 01/18/2011 11:14:41 AM PST by Edgewood Pilot
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To: Mr. K

Here are few:

EPA
Department of Agriculture
Department of Education
NEA
Financial “Reform”
0bamaCare
Bailouts
Fannie Mae, Freddie Mac
Helicopter Ben Bernanke

Okay, you get the idea.


38 posted on 01/18/2011 11:18:29 AM PST by Uncle Miltie (0bamanomics: Punish Success, Reward Failure. Destroying America is the point.)
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To: Mr. K
By "Executive Order".....this has become a Monarchy, where the Congress just sets up smokescreens/arguments, and The Messiah rules by fiat.

Abuse of Executive Orders by this assclown has been from day one.....when he sealed ALL records that would expose his Citizenship, passport trails, lead to who funded his placement in the White House, etc., to the handouts to Unions and appointment of un-Constitutional/non-vetted Czar positions for all his cronies.

There are so many government-dependent people in the USA today that we can't vote all the communist bastards out for decades.

39 posted on 01/18/2011 11:18:36 AM PST by traditional1 ("Don't gotsta worry 'bout no mo'gage, don't gotsta worry 'bout no gas; Obama gonna take care o' me!)
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To: Mr. K

If he wants to shed riles for job growth he can start by resigning.


40 posted on 01/18/2011 11:25:14 AM PST by Patriot Babe
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