No. of Recommendations: 6
In terms of total rulemakings, Obama’s total was almost equal to Bush’s—at 10,215 and 10,674, respectively. But most analysts recognize that these gross figures mean little, because most regulations are routine actions, such as aviation maintenance bulletins and fishing season limits.

Far more telling are the numbers of “major” rules: those that will cost the private sector $100 million or more each year. We found that 106 such major new regulations have been adopted during the Obama years, compared to 28 under Bush—a ratio of 3.8 to 1. In terms of cost, Obama’s rules imposed some $46 billion in additional annual burdens, compared to $8.1 billion in new costs during the first three Bush years, a whopping 5.6 to 1 ratio.

These numbers should not be surprising: President Obama has hardly been shy about making the case for increased regulation, and the record reflects that. Governor Romney was right to point that out." --James Gattuso
--------------------------------------------------------
Lies, damn lies, and Obama
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.