In his State of the Union address earlier this year, President Obama
vowed to wield his executive powers when faced with congressional
resistance to his legislative agenda: “America does not stand still –
and neither will I. So wherever and whenever I can take steps without
legislation … that’s what I am going to do.”
This provocative declaration was startling in its bluntness, but it was hardly a new development. For the last five years, the president has aggressively exploited regulation to get his way. In fact, the Obama administration is very likely the most regulatory in history, issuing 157 new major rules at a cost to Americans approaching $73 billion annually.
But even this substantial figure is seriously understated. A dismaying number of regulations undergo no cost-benefit analysis. And bureaucrats also have a penchant for downplaying the costs of their initiatives.
http://blog.heritage.org/2014/04/06/wall-red-tape/
This provocative declaration was startling in its bluntness, but it was hardly a new development. For the last five years, the president has aggressively exploited regulation to get his way. In fact, the Obama administration is very likely the most regulatory in history, issuing 157 new major rules at a cost to Americans approaching $73 billion annually.
But even this substantial figure is seriously understated. A dismaying number of regulations undergo no cost-benefit analysis. And bureaucrats also have a penchant for downplaying the costs of their initiatives.
http://blog.heritage.org/2014/04/06/wall-red-tape/
No comments:
Post a Comment