Monday, August 29, 2011

You call this 'regulatory reform'?

James W. Lucas    "Another way to measure the gross impact of federal regulation is to count the pages in the official publication of all federal regulations, the Federal Register. This is a bit crude as a measure, because a very long regulation may be fairly innocuous whereas a short one could have a massive cost imprint, but it is a decent rough gauge of the extent of the totality of federal regulation. The Federal Register for 2010 is over 81,000 pages long, a 19% increase in one year. We do not have a page count on the regulations to be repealed, perhaps because many of the revisions have yet to actually go into effect, but it is safe to assume that they will come nowhere near to matching the voluminous regulations still to be issued under the new Obamacare and Dodd-Frank laws. And there are also the numerous ongoing rule-makings by President Obama's hyperactive regulators at the EPA, NLRB, and the rest of the seemingly endless alphabet soup of federal regulatory bodies."
http://townhall.com/political-cartoons/brianfarrington
"I agree. And it is on the common ground of facts that we can declare–in a calm, specific, reasonable, rational and empirical manner–Obama to be an utter failure."

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