Posted on 08/09/2016 9:24:04 AM PDT by Cheerio
The federal government has imposed a new major regulation every three days since President Barack Obama took office, as the administration has shattered the record for implementing regulations costing the economy $100 million or more.
The Obama administration has now issued 600 major regulations, the center-right policy institute the American Action Forum noted in a recent report.
“One year ago, the American Action Forum (AAF) celebrated a regulatory milestone, of sorts: 500 major regulations,” wrote Sam Batkins, director of regulatory policy. “A major regulation has an economic impact of $100 million or more and can significantly affect prices for consumers.”
Obama has exceeded the 426 regulations introduced under eight years of George W. Bush despite serving less time in office so far.
“In more than six years in office, President Obama had imposed more regulations than President Bush did in eight years,” Batkins said. “Now, the administration has once again reached another record-breaking figure: 600 major regulations in roughly 7.5 years, which is 20 percent more than the previous president did in eight years.”
(Excerpt) Read more at freebeacon.com ...
The would-be dictator loves to tell others what to do and how to do it.
Sadly, most people sadly don’t care. As long as he keeps handing out the government goodies, the voters support him. They don’t connect the dots between a vibrant private economy and wealth. They are getting what they want right now. Screw the future. If businesses get so bogged down that they collapse, that will be someone else’s problem.
Trump is going to have a busy first 100 days reversing these regs.
This is the fault of Congress for unconstitutionally creating dozens of alphabet agencies and giving them the power to make regulations with the weight of law. The Constitution specifically says that ONLY Congress can make laws against such a abuse of power.
...as the administration has shattered the record for implementing regulations costing the economy $100 million or more. The Obama administration has now issued 600 major regulations...
Basic math says this comes to $60 billion at a minimum. I would say Obama has done tens of trillions of dollars worth of damage to this country.
All he has to do is know the starting eo number and the final eo number and issue one eo cancelling all prior eos between xxxx and yyyy.
They all go bye bye.
Factoring in the national debt, jobs lost, obamacareless, and economy killing mandates, its tens of trillions.
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