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[Slingin Sammy 33]

Originally Posted by 12thMan

Interesting that you site regulation. Like, what industries have been "over regulated" under this administration? And what tangible data do we have to suggest that it's keeping employers from hiring.

Obama was certainly blessed to have you working on his campaign. At first glance your arguments sound very solid and are often found in "credible" (read left-leaning, Obama-friendly) media sources. However upon further investigation....the truth will set you free.

Obama’s Wall Street Journal Regulation Op-Ed: Less than Meets the Eye

From the link:
Rather than require agencies to identify harmful regulations during the next 120 days, or even to eliminate unwarranted rules, the order merely requires agencies to submit a “preliminary plan” for reviewing regulations sometime in the future, with the goal of making their regulatory program either less burdensome or “more effective.” And despite promises of transparency elsewhere in the order, the results of any regulatory reviews conducted are required to be released online only “whenever possible.”
Moreover, the initiative is hardly “government-wide,” excluding independent agencies such as the Federal Communications Commission, the Securities and Exchange Commission, and the new Consumer Financial Protection Bureau.

Factual info on increased regulatory burden under Obama




Among the most costly of the FY 2010 crop are:

• Fuel economy and emission standards for passenger cars, light-duty trucks, and medium-duty passenger vehicles imposed jointly by the EPA and NHTSA. Annual cost: $10.8 billion (for model years 2012 to 2016). For automakers to recover these increased outlays, NHTSA estimates the standards will lead to increases in average new vehicle prices ranging from $457 per vehicle in FY 2012 to $985 per vehicle in FY 2016.
• Mandated quotas for renewable fuels. Annual cost: $7.8 billion (for 15 years). Utilizing farmland to grow corn and other crops used in renewable fuels will displace food crops, leading food costs to increase by $10 per person per year—or $40 for a family of four, according to the EPA.
• Efficiency standards for residential water heaters, heating equipment, and pool heaters. Annual cost: $1.3 billion. The appliance upgrades necessary to comply with the new standards will raise the price of a typical gas storage water heater by $120.
• Limits on “effluent” discharges from construction sites imposed by the EPA. Annual cost: $810.8 million. The cost of the requirements will force the closure of 147 construction firms and the loss of 7,257 jobs, according to the EPA. Homebuyers also will bear some of the costs, with an increase in mortgage costs of about $1,953.

More:

Morning Bell: “The White House Does Not Create Jobs”

Summary from the link:
- Obama’s Energy RegulationsDue to the President's drilling moratorium 1/3 of the oil rigs in the Gulf have left since 2009 at a loss of approx. 411K barrels per day. 1/3 supply cut from the Gulf raises gas prices. Loss of thousands of jobs.
- Obama’s EPA Regulations: The EPA forces businesses to “waste tens or hundreds of billions of dollars per year on environmental upgrades of dubious value, meaning that money isn’t available to invest in business expansions or create jobs. Higher costs also cut down on business investment—a factory that makes economic sense at a cost of $10 million may not when EPA regulations have jacked the cost up to $30 million.
- Obamacare: Obamacare makes labor costs uncertain. Every day brings more bad news as the details of the legislation emerge. Before Obamacare was enacted, private-sector job creation was averaging 67,600 jobs per month. After the law was signed, this number plummeted to 6,400 jobs per month.
Obamacare has also resulted in insurance companies exiting markets, thereby reducing consumer choice. Joshua Raskin, an analyst at Barclays Capital, has noted that it “is harder and harder for smaller plans to compete in a more regulated environment.”[14] Shortly after Obamacare was enacted, Principal Financial Group, which provided insurance to over 800,000 people, decided to stop selling health insurance. The company’s decision reflected its assessment of its ability to compete in the environment created by the law, which Principal believes harms relatively small insurers that lack “significant concentration in any one market.

Gas Mileage Standards - See this bipartisan letter to the President from Members of Congress in Michigan

http://cdn.theatlantic.com/static/mt...%207-21-11.pdf


A Freeze On New Regulations Would Help Boost Job Growth - Investors.com

I think I've made my point.

It's really quite simple, if you're running a business and your costs to create jobs are greater than the economic benefit, you won't create jobs. Obama has created a climate where the benefits don't outweigh the costs....you're wrong Obama is a great socialist.