Thread: Obama’s Regulatory costs to come AFTER Election

Americans are learning more about the "fiscal cliff" approaching at the beginning of next year, when tax rates for families and small businesses are set to spike and new taxes in President Obama's health-care spending law take effect. But unless there's real change in Washington, we're also headed for a steep "regulatory cliff" that could compound the damage.

After three years of bureaucratic excess, the Obama administration has been quietly postponing several multibillion-dollar regulations until after the November election. Those delayed rules, together with more than 130 unfinished mandates under the 2010 Dodd-Frank financial law, could significantly increase the regulatory drag on our economy in 2013…

Then there is the mega-rule on the shelf at the Environment Protection Agency (EPA) that could block business expansion in many areas of the country. Proposed in 2010, the Ozone Rule would impose a limit on ozone (which creates haze from emissions from cars, power plants and factories) so strict that up to 85% of U.S. counties monitored by the EPA would be in violation. Susan Dudley, a regulatory economist at George Washington University who served in the previous administration, notes that this rule would force many communities "to forego productive investment and hiring decisions in order to spend hundreds of billions of dollars per year in vain attempts to meet unachievable standards."

The EPA itself says the rule could impose up to $90 billion in yearly costs on manufacturers and other employers. Last September, after months of public outcry, the White House instructed the EPA to put the rule on ice until 2013, when it will be "revisited.” (AFTER the ELECTION! )

http://online.wsj.com/article/SB1000...pinion_LEADTop

And it goes on and on… Just like Obamacare, the true effect of Democrat legislation and regulation won’t be truly felt until it is too late - until AFTER the election when it really doesn’t matter to any of them how well the economy is doing!

It’s the truth. Democrats can’t be honest about who they are and what they believe, and win any election!

Frog boiling in state collectivism at the expense of individual equality, rights, liberty and economic freedom....at the expense of free market capitalism

Progressive leftist elites, promising the moon, coerce and cajole and swindle their agenda into law, then step back and blame the deleterious, unsustainable, onerous "unintended" consequences on everyone but themselves...
while viciously protecting their policies and institutions with an endless parade of divisive class warfare strawmen..

See: Among many others.... Wilson's permanent progressive income tax, FDR's Social Security, LBJ's Medicare and welfare expansion, Clinton's "National Homeownership Strategy", the eco-marxist left's outright war on conventional energy via unelected agencies, "green" crony capitalism, and now, Obamacare.

It's been a near century long, wholly unconstitutional effort.

The state collectivist left doesn't seem too interested in weighing in, Swamp_Music....wonder why?

Originally Posted by webrockk

The state collectivist left doesn't seem too interested in weighing in, Swamp_Music....wonder why?

When Obama talks about a recovery, and a lower unemployment rate, that is all a lie. Can't recover when all those regulations kick in that will costs hundreds of billions!

Democrats want us poor and powerless so we must go to them for our sustenance. They will pay for that sustenance with printed money like any South American Communist Banana-Republic.

From the OP Article…

Last year the EPA estimated that this new rule would cost $1 for every three cents in benefits. More recently, the EPA has proposed the use of public-opinion surveys with hypothetical scenarios that boost the alleged benefits of its proposed regulation by nearly 14,000%. This is another example of a major regulation put off until next year, ensuring that Americans won't learn about its effect on their electricity bills until after the election.

So, the Democrats engage in nothing but lies and flat out propaganda. They first lie to We the People about the “good” their unconstitutional regulations will do, then push off the cost until AFTER the election.

Why don’t Democrats tell the truth and say “Vote for us. We will create and enforce new extra constitutional regulations that’ll cost $1 for every three cents in benefits. Just to show you how great these new regulations will be, we will start them BEFORE the election!”

Remember, Clinton directed Freddie and Fannie to start their huge buildup of low to moderate mortgage holding just as he was leaving office. That directed expansion by Democrat Clinton greatly helped fuel the housing bubble that popped during a Republican President, Bush. Democrats like to run and/or hide from their economic destruction.

We all know why. Democrats can’t be honest about who they are and what they believe, and win any election.

Ya know, Obama is turning the US into A European Socialist State.

With all the regulations we have NOW and due to other economic factors (like NOT building the Keystone Pipeline) the US unemployment rate is 8.3%. The entire European Unions' economy is sort comparable to that of the US, but they ARE THE European Socialist States. Their unemployment after all those great regulations and Keynesian economics (where you go into debt to try and avoid recessions) was 9.5% in 20011.

https://www.cia.gov/library/publicat...k/geos/ee.html

Gee, when we adopt MORE regulations, all the ones Obama has planned will we surpass the European Union's achievement?

Originally Posted by Swamp_Music

Americans are learning more about the "fiscal cliff" approaching at the beginning of next year, when tax rates for families and small businesses are set to spike and new taxes in President Obama's health-care spending law take effect. But unless there's real change in Washington, we're also headed for a steep "regulatory cliff" that could compound the damage.

After three years of bureaucratic excess, the Obama administration has been quietly postponing several multibillion-dollar regulations until after the November election. Those delayed rules, together with more than 130 unfinished mandates under the 2010 Dodd-Frank financial law, could significantly increase the regulatory drag on our economy in 2013…

Then there is the mega-rule on the shelf at the Environment Protection Agency (EPA) that could block business expansion in many areas of the country. Proposed in 2010, the Ozone Rule would impose a limit on ozone (which creates haze from emissions from cars, power plants and factories) so strict that up to 85% of U.S. counties monitored by the EPA would be in violation. Susan Dudley, a regulatory economist at George Washington University who served in the previous administration, notes that this rule would force many communities "to forego productive investment and hiring decisions in order to spend hundreds of billions of dollars per year in vain attempts to meet unachievable standards."

The EPA itself says the rule could impose up to $90 billion in yearly costs on manufacturers and other employers. Last September, after months of public outcry, the White House instructed the EPA to put the rule on ice until 2013, when it will be "revisited.” (AFTER the ELECTION! )

http://online.wsj.com/article/SB1000...pinion_LEADTop

And it goes on and on… Just like Obamacare, the true effect of Democrat legislation and regulation won’t be truly felt until it is too late - until AFTER the election when it really doesn’t matter to any of them how well the economy is doing!

It’s the truth. Democrats can’t be honest about who they are and what they believe, and win any election!

Obama won't be President after the election.