Regulatory agencies EXPLODE under Obama--costing an additional 38 BILLION per year.

[oreo]

"Leaps AND bounds", fcs. And Steve Wynn is a MORON.

Steve Wynn is CEO of Wynn's casino is a moron??- O.K. whatever you say--



Which one are you in this herd of Obamasheeple?

 

[oreo]

Under this President--the ONLY thing that has grown in leaps in bounds is the size of the Federal Government along with their regulations--while the private sector continues to shrink.

Whose fault is that? How did government grow under Reagan and Boy George?

As for Steve Wynn, he's just another Trump-like windbag seeking publicity.

While the private-sector is drowning under a perpetual recessionary storm, U.S. regulatory agencies are flourishing. "If the federal government’s regulatory operation were a business, it would be one of the 50 biggest in the country in terms of revenues, and the third largest in terms of employees, with more people working for it than McDonald’s, Ford, Disney and Boeing combined," writes John Merline of Investors.com.

Indeed, the federal regulatory business is thriving, and if there is one "victory" President Obama can declare, this is it, because government regulation has grown rapidly under his watch. From Investors.com:

Regulatory agencies have seen their combined budgets grow a healthy 16% since 2008, topping $54 billion, according to the annual "Regulator's Budget," compiled by George Washington University and Washington University in St. Louis.

That's at a time when the overall economy grew a paltry 5%.

Since Obama took office, 75 new major regulations have been enacted, costing $38 billion annually, according to a study by the Heritage Foundation. "No other president has imposed as high a number or cost in a comparable time period," wrote James Gattuso, the study’s author.

Regulatory Agencies Boom Under Obama Administration

 

[hellofromwarsaw]

Greece is corrupt, the rich pay bribes instead of taxes, they went in for USA toxic assets, took advice from Lehman Bros. on how to hide debt...none of the socialist EU countries would be in any mess without Pubs' SECOND Great Depression...and Wynn is no brain and I'm sick of hearing about him- Nobody but ignorant pub dupes cares...

 

[oreo]

greece is corrupt, the rich pay bribes instead of taxes, they went in for usa toxic assets, took advice from lehman bros. On how to hide debt...none of the socialist eu countries would be in any mess without pubs' second great depression...and wynn is no brain and i'm sick of hearing about him- nobody but ignorant pub dupes cares...

link?

 

[hellofromwarsaw]

The same Greek families who ran the dictatorship that Nixon loved are still in charge and still run the place like a Pub Paradise of corruption. Yours is the big Pub lie...

 

[Lakhota]

No Wonder Greece Is Bankrupt: It's So Corrupt That Nobody Pays Any Taxes

 

[hellofromwarsaw]

Link to knowledge and intelligence? Sorry, grasshopper...

 

[oreo]

The same Greek families who ran the dictatorship that Nixon loved are still in charge and still run the place like a Pub Paradise of corruption. Yours is the big Pub lie...

LINK? 2ND TIME I have asked for one.

 

[oreo]

No Wonder Greece Is Bankrupt: It's So Corrupt That Nobody Pays Any Taxes

Yeah--and to confirm your January 29, 2010 article on Greece-- just like this country we have 47% of the working class that pay no federal income tax either.


Here's a better article on Greece.

http://blog.bankatfirstnational.com/first-national-bank-blog/bid/33009/What-Happened-in-Greece

 

[Lakhota]

Buy into Greece? It's corrupt, bureaucratic and unreliable - Telegraph

aangirfan: GREECE IS CORRUPT

 

[Lakhota]

Op-Ed Columnist - Disaster and Denial - NYTimes.com

Critics Still Wrong on What’s Driving Deficits in Coming Years

 

[Oldstyle]

Op-Ed Columnist - Disaster and Denial - NYTimes.com

Critics Still Wrong on What’s Driving Deficits in Coming Years

For God's sake...Paul Krugman and then the Center on Budget & Policy Priorities? Why do you waste your time spamming crap from sources so biased that they're laughable.

 

[Skull Pilot]

That money comes out of the economy and doesn't produce anything.

Wrong! It creates increased staff, support, and capital expenditures to meet increased regulatory requirements! Doesn't all money ultimately come out of the economy?

When that money is taken from the public via taxes it depresses the economic activity of those being taxed.

It's the broken window fallacy.

 

[oreo]

That money comes out of the economy and doesn't produce anything.

Wrong! It creates increased staff, support, and capital expenditures to meet increased regulatory requirements! Doesn't all money ultimately come out of the economy?

When that money is taken from the public via taxes it depresses the economic activity of those being taxed.

It's the broken window fallacy.

You'll never get these thumb sucker liberals to understand that when government grows the private sector SHRINKS.

"Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery."Winston Churchill

 

[KissMy]

25% of managements time is spent dealing with rules & regulators.