{"id":4813,"date":"2011-09-07T14:00:03","date_gmt":"2011-09-07T18:00:03","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=4813"},"modified":"2011-09-07T14:01:13","modified_gmt":"2011-09-07T18:01:13","slug":"one-answer-to-the-deficit-and-to-job-creation","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=4813","title":{"rendered":"One Answer To The Deficit And To Job Creation"},"content":{"rendered":"

In April of this year, the Daily Caller<\/a>\u00a0posted a story about the high cost of government regulations. The article reports:<\/p>\n

\n

Wayne Crews, vice president for policy at the Competitive Enterprise Institute, combed through the 81,405 pages of the Federal Registry<\/em> \u2014 which contains the nation\u2019s regulations on businesses, and state and local governments \u2014 and cites a report showing that regulation cost the economy a whopping $1.75 trillion in 2008.<\/strong><\/p>\n

In July, Forbes<\/a> posted an article about the cost of Government regulation stating:<\/p>\n

The country\u2019s wealth creators need a real review of regulations, not comforting words from federal officials. Out of over 3,500 rules finalized in 2010, OIRA (Office of Information and Regulatory Affairs) reviewed 66<\/a> \u2014 and of those only did benefit calculations for 20.<\/strong><\/p>\n

A simple perusal of the Federal Register<\/em> shows over 430 rules costing over $65 billion so far this year alone<\/a>, let alone the entire Crain (Nicole and Mark Crain, author of\u00a0the SBA\u2019s oft-cited report finding of $1.7 trillion in regulatory costs<\/a>)\u00a0universe of rules, which stops at 2008. As the Crains note, regulatory costs are often \u201cindirect,\u201d compared with direct taxation.<\/strong><\/p>\n

The article at the Daily Caller also points out:<\/p>\n

Combining regulatory costs with federal FY 2010 outlays of $3.456 trillion reveals a federal government whose share of the entire economy now reaches 35.5 percent.<\/strong><\/div>\n
In 2010, federal agencies issued 3,573 final rules.<\/strong><\/div>\n
<\/strong><\/p>\n
While agencies issued 3,573 final rules, Congress passed and the president signed into law a comparatively \u201cfew\u201d 217 bills. Considerable lawmaking power is delegated to unelected bureaucrats at agencies, an abuse addressed recently in proposals such as the REINS Act.<\/strong><\/div>\n<\/div>\n
Proposed rules in the Federal Register have surged from 2,044 in 2009 to 2,439 in 2010, a jump of 19.3 percent.<\/strong><\/div>\n
<\/div>\n
I don’t know what the President will say in his economy speech tomorrow night, but unless he agrees to cut government regulations drastically, the unemployment numbers will not change significantly.<\/div>\n<\/div>\n

 <\/p>\n

\"Enhanced<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

In April of this year, the Daily Caller\u00a0posted a story about the high cost of government regulations. The article reports: Wayne Crews, vice president for policy at the Competitive Enterprise Institute, combed through the 81,405 pages of the Federal Registry … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[351,348,174,350,299,349],"class_list":["post-4813","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-competitive-enterprise-institute","tag-cost-of-government-regulation","tag-daily-caller","tag-forbes","tag-regulation","tag-small-business-administration"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/4813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4813"}],"version-history":[{"count":4,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/4813\/revisions"}],"predecessor-version":[{"id":4880,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/4813\/revisions\/4880"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}