Posted on 09/11/2012 9:28:49 AM PDT by MNJohnnie
Want an insight on why were experiencing the worst recovery since the Great Depression? The US Chamber of Commerce points out that the Code of Federal Regulations has grown at a pace outstripping economic growth and especially job creation during the Barack Obama administration, expanding by 7.4%, with a good part of that growth in the first year:
Over the past three years, the bound edition of the Code of Federal Regulations has increased by 11,327 pages a 7.4 percent increase from Jan. 1, 2009 to Dec. 31, 2011. In 2009, the increase in the number of pages was the most over the last decade 3.4 percent or 5,359 pages.
Over the past decade, the federal government has issued almost 38,000 new final rules, according to the draft of the 2011 annual report to Congress on federal regulations by the Office of Management and Budget. That brought the total at the end of 2011 to 169,301 pages.
That is more than double the number of pages needed to publish the regulations back in 1975 when the bound edition consisted of 71,244 pages.
The figures were released on Monday at the U.S. Chamber of Commerce in Washington, D.C., when the business federation held its annual Labor Day briefing on the state of the economy, obstacles to job creation and the burden of regulations on the labor market.
To put this in perspective, the growth rate in the first George W. Bush term when he enjoyed one-party control of Washington for a couple of years as well was 4.4%. That was bad enough; by 2008, the annual compliance cost to the economy was $1.7 trillion, according to a 2010 Small Business Administration study. If compliance costs increase at the same ratio as regulations, the Obama administration added nearly $126 billion in compliance costs in three years.
But that ratio may not tell us the whole story. Regulations still remain to be written for Obamas two biggest legislative achievements ObamaCare and Dodd-Frank. The passage of both bills created massive ambiguity on compliance costs, because both bills deferred a huge amount of regulatory production to bureaucrats within the executive branch. Much of that regulation remains to be written, no doubt delayed beyond the election so as to prevent discussion of the far-reaching implications of the power Congress handed to HHS and other agencies.
When those regimes get fully fleshed out, expect the increase rate of regulation to skyrocket and investment to decline.
7.4 is that all? It seemed like 75% to me. Oppression is not an option.
That’s what “progressive” means. Progressively more government, more regulations, more control, more spending, more taxes. And, oh yeah, progressively less freedom and prosperity. Progressive=ever increasing.
Ignorance of the law has GOT TO BE an acceptable excuse- there is no way they can create an impossible maze of rules and expect everyone to know them
And the phrase “ignorance of the law is no excuse” is BULL$HIT to begin with- where it that codified?
And the people that write laws don’t understand or even read them. All they might know is if parts of it favor or hurt their favorite special interest group.
The government regulations on Coal and Wind have increased the cost of your electirc bill $20.00 each month. The Obamacare regulations has increased college students health insurance $600 per student. The government regualtion over off shore drilling since the gulf spill has increased your gasoline costs 1.50 per gallon - that is about $25.00 per fill up. The cost of ethanol has increased yoru food costs 15.00 per month. Add it up folks you are paying $100+ a month because the Democrats want to regulate 5 things. Wait till you see all the rest they have done.
Federal regulations increased 7.4% during Obamas first three years.
Unemployment increased to 8.4% during Obama’s three years of on the job training.
Only the socialists and freeloaders will vote for him.
A 7.4% increase does not seem all that significant. However, it’s not the quantity but the quality...
It's codified in any number of state and federal statutes, but it generally doesn't come from codification - it comes from English common law ("ignorantia legis neminem excusat", or "ignorance of the law excuses no one').
The U.S. Government and 49 of the 50 U.S. States have adopted English common law as the basis for their legal system (only Louisiana did not).
I'm merely answering your question. I will note that there is no person alive who knows the content of all federal regulations.
I understand that- and I thank you for that explanation
I guess my point is that it is no longer possible to know all the laws, therefore you should never be held guilty for not knowing a law.
I would love to see this tested in court, and used as a basis for simplifying the whole legal system
I'm fairly sure that all 11,000+ over the last three years had some help from "our" side.
please prepare obama will win too many on the programs to give it up
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