Posted on 06/26/2012 4:32:47 PM PDT by Oldeconomybuyer
As the U.S. government’s regulatory bureaucracy has ballooned, one agency has been left behind: the office that oversees the regulators.
The number of people working in federal agencies with regulatory authority has doubled to about 292,000 under both Republican and Democratic administrations during the past 30 years. In the same period, the Office of Information and Regulatory Affairs, the White House bureau that reviews most major rules, has shrunk to 45 employees from 90, according to data compiled by researchers at George Washington University and Washington University in St. Louis.
That means there are fewer people to carry out the office’s main task of examining agency regulations to make sure that cost-benefit analysis and other measures of a rule’s value are up to standard.
OIRA’s current administrator, Cass Sunstein, has said the White House has tried to minimize burdens on business and has issued regulations with $91 billion in net benefits in Obama’s first three years.
Sunstein says he is making do with his current staff. “We’d rather have 90 rather than 50, but the work is getting done,” he said last month at an American Bar Association conference in Washington.
(Excerpt) Read more at washingtonpost.com ...
Ah yes, the four branches of gov’t;
Executive
Legislative
Judicial
Regulatory
Why would regulators ever need oversight? Don’t they regulate us for our own good?
What will the political/regulator class do after the bond collapse (see zombies)?
A free people can never allow unelected bureaucrats to write law. There are two choices:
1. Allow unelected commies to tell you what to do and become slaves.
2. Kill them.
I’m seeing no middle ground.
Why do we need 292,000 regulators?
Another welfare program under the radar?
That's one regulator for roughly every 1000 people, including children.
What's wrong with this picture?
Where is John Galt?
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