Nearly a million jobs could be lost annually due to Obama's regulations. ..

Discussion in 'Politics' started by Grampa Murked U, Dec 24, 2012.

  1. Grampa Murked U
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    Grampa Murked U Diamond Member

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    http://www.foxnews.com/poliics/2012...ulator-agenda-because-terrible-impact-as-job/

    The link is a bit old but I didn't feel like searching further on my phone as its a pain when googling.
    Anyhow this news is quite disturbing as it suggests that these new regulations will also come at a high economic cost of 300 to 400 billion as well as spiking gas and home heatinh prices once they are fully implemented.
    The senator also implies that Obama broke the law by not releasing the projected costs and details by certain dates as required.
    Obviously I'm unfamiliar with regulatory law so I dunno if he is accurate but either way the projected costs should be the immediate concern.

    The report was published by National Economic Research Associates.
     
  2. Duped
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    Duped Senior Member Supporting Member

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    Don't worry, he will balance it out with good government ones! :redface:
     
  3. Grampa Murked U
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    Grampa Murked U Diamond Member

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    Does congress have any oversight on regulations or does the administration have full authority?
     
  4. Grampa Murked U
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    Grampa Murked U Diamond Member

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    Anyone?
     
  5. Duped
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    Duped Senior Member Supporting Member

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    I don't think Obama recognizes any authority above his.
     
  6. OKTexas
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    OKTexas New Life Member of the NRA 12/15 Supporting Member

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    Maobama has missed two required reports on the economic impact of proposed regulations, why because the could have cost him the election. Government regulations are supposed implement existing law and if they overreach there are two ways to counter them, in the courts or congress can negate them by legislation. Now, do you really think prince Harry will allow his dear leaders chosen words to be stricken by the house, dream on. That leaves only the courts.
     
  7. Mr. H.
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    Mr. H. Diamond Member

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    I think that link doth stink. (dead)
     
  8. healthmyths
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    healthmyths Gold Member Supporting Member

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    Try this link:New EPA Regulations To Be Released After Election

    Ozone Rule: The administration wants to tighten the ozone standard which the EPA itself estimated that its ozone standard would costs $90 billion a year while other studies have projected that the rule could cost upwards of a trillion dollars and destroy 7.4 million jobs.

    Coal Ash: The EPA proposes a coal ash rule that could cost $70 to $110 billion over 20 years, destroying 183,900 to 316,000 jobs

    Boiler MACT Rule: The rule has been projected to reduce US GDP by as much as 1.2 billion dollars and will destroy nearly 800,000 jobs.


    Add those 3 job killing Rules and it is 8.5 MILLION jobs DESTROYED!!!
     
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  9. Grampa Murked U
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    Grampa Murked U Diamond Member

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    Wow. It was working two hours ago. Guess a mod should just kill the thread unless someone can find a suitable link.
     
  10. healthmyths
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    healthmyths Gold Member Supporting Member

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    See my comment as I found the actual report linkage!
    And it shows nearly 8 million jobs will be destroyed by Obama's EPA ALONE!
     

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