MordechaiGoodbud
VIP Member
- Jan 20, 2017
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The non-partisan Office of Management and Budget released the results of a study they conducted a few years ago. They analyzed the cost and benefits of 32 major rules between 2004-2012.
They found the regulations cost an estimated $32 billion-$45 billion.
But they estimated the benefits to the national economy may have been worth as much as $788 billion.
http://biotech.law.lsu.edu/blog/draft_2015_cost_benefit_report.pdf
Hey, if regulations are "job-killers," why is the unemployment rate currently so low?
Deregulation is invariably bad for the economy. When republicans gain power and cut taxes and deregulate, the economy always rapidly goes into a recession.
Just wait and see.
Republicans are just dumb...and insane. The definition of insanity is doing the same thing over and over, even though it doesn't work. Well, they are going to do it again.
They found the regulations cost an estimated $32 billion-$45 billion.
But they estimated the benefits to the national economy may have been worth as much as $788 billion.
http://biotech.law.lsu.edu/blog/draft_2015_cost_benefit_report.pdf
Hey, if regulations are "job-killers," why is the unemployment rate currently so low?
Deregulation is invariably bad for the economy. When republicans gain power and cut taxes and deregulate, the economy always rapidly goes into a recession.
Just wait and see.
Republicans are just dumb...and insane. The definition of insanity is doing the same thing over and over, even though it doesn't work. Well, they are going to do it again.