Darkwind
Diamond Member
- Jun 18, 2009
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Here is a little something you can give props to Obama for...
He has actually not increased the cost of regulation on economic activity in a single year, that exceeded George Bush's high regulatory excess.
But note the dates....it started in 2007.....just around the time that the economy began to feel the effects of his and Congress` regulatory excess...
Who has the better regulatory record — Obama or Bush? - The Washington PostOver the Obama administrations first three years, the net benefits of regulations reviewed by OIRA and issued by executive agencies exceeded $91 billion 25 times the corresponding number in the [George W.] Bush administration and more than eight times the corresponding number in the Clinton administration.
In the last 10 fiscal years, the highest costs were imposed in 2007. The last three years of the Bush administration saw higher regulatory costs than the first three years of the Obama administration. If you're looking for the year with the highest regulatory costs on record, you'll have to go all the way back to 1992, under President George H.W. Bush.
He has actually not increased the cost of regulation on economic activity in a single year, that exceeded George Bush's high regulatory excess.
But note the dates....it started in 2007.....just around the time that the economy began to feel the effects of his and Congress` regulatory excess...