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Forget Fiscal Cliff, Here Comes Regulatory Tsunami

December 14, 2012 by  

Forget Fiscal Cliff, Here Comes Regulatory Tsunami
PHOTOS.COM

As Americans suffered through the Presidential election season, the Federal government put on hold a number of pending regulations that would have given the GOP ammunition in claims that President Barack Obama is strangling the Nation with regulations. Now, with the Regulator in Chief comfortably back in the Oval Office, a regulatory tidal wave is headed toward America.

According to The Associated Press, regulations regarding the environment, workplace safety, Wall Street and much in between are about to fall on the American people as the Obama Administration quietly reopened regulatory initiatives after the election.

Currently, the following agencies have regulations pending review or ready to be implemented:

In January, the Obama Administration ordered the Federal government to ax rules that were repetitive and burdensome to the economy, which lead to the undoing of hundreds of regulations. The Administration claimed that the action would save American business upward of $10 billion in half a decade and create jobs.

While the President’s initiative did modestly help economic recovery, Republican lawmakers say that the coming onslaught of regulatory actions is going to reverse any good that was done and kill the economy.

Some studies have indicated that six pending EPA regulations limiting air and water pollution alone are going to cost American businesses up to $138 billion, not to mention upward of $500 billion in construction costs to become compliant.

Learn more about specific government regulations at Reginfo.gov.

Sam Rolley

Staff writer Sam Rolley began a career in journalism working for a small town newspaper while seeking a B.A. in English. After learning about many of the biases present in most modern newsrooms, Rolley became determined to find a position in journalism that would allow him to combat the unsavory image that the news industry has gained. He is dedicated to seeking the truth and exposing the lies disseminated by the mainstream media at the behest of their corporate masters, special interest groups and information gatekeepers.

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  • http://none ron

    That 500 billion in construction costs is going to create a lot of jobs.

    • John Machinski

      Jobs created with taxpayer dollars are nothing more than taking money out of one pocket, putting it in another and calling it a profit.

    • http://Yahoo.com Bill

      Will produce a lot of jobs – the government is going to be responsible – that means 400-600 thousand per job. Doesn’t turn into a lot of jobs.

  • Warrior

    How else is the gubmint going to “take over” business without appearing to “take over” business, if you know what I mean (wink-wink).

  • Right Brain Thinker

    The same tired old mantra from the right. A “regulatory TIDAL WAVE”? “STRANGLING the nation with regulations”? The elimination of HUNDREDS of regulations back in January was only MODESTLY helpful but the ONSLAUGHT of barely 100 new regulations is going to KILL the economy? Please, enough with overwrought hand-wringing and fear-mongering..

    Without even looking at the “new” regulations, it is safe to say that many are just updates of old regulations that the corporations have been trying to eliminate, some are probably even mildly acceptable to the corporations because their lobbyists were up to their elbows in writing them, and all of the ones that “business” finds “objectionable” put the interests of the plutocracy and the corporate oligarchy ahead of the best interests of the country and the 99%.

    It is time that the game of the greedy rich has some new rules put in place to redress the imbalance. We cannot continue the game of privatizing gain and socializing risk forever.
    The clean air and clean water rules are a case in point—-EVERYONE suffers from dirty air and dirty water, even people many hundreds of miles from the pollution sources. EVERYONE pays the price in damage to health and increased medical costs. Why are they going to be so expensive to implement? Perhaps because “business” should have been absorbing the costs of doing it “clean” right from the beginning rather than maximizing their profits. (and the “fixes” WILL create jobs)

    • Warrior

      “Fixes”, like “right to work” laws? Yes, you’re correct, they may create “jobs”. This regulation and law business can be just so much fun. Thank ya “masta”.

      • Right Brain Thinker

        “Right to work” laws are not regulations and they don’t “fix” anything. They just make it easier for the plutocracy and corporations to exploit the 99%. Unions may not have the cleanest hands in the world, but the decline in union membership exactly parallels the decline in the middle class share of the income “pie” in this country. Right to work laws are mainly dealt with on the state level anyway and the special interests have fought tooth and nail to dismember the NLRB and any federal regulations that are designed to help the worker improve his lot. (And ask yourself which party stands where on the issue and vote accordingly next time—-if you’re not one of the 1% or 2%, it seems clear what your choice should be).

    • eddie47d

      The problem with regulations is that they enact new ones without abolishing the old ones which makes for a cluttered filing cabinet. Regulations are good but not when they contradict each other and complicate the process. Lets face it we all have rules and regulations within our own lives and with each family member. They may not be written down but they are there none the less. Not everything in life can be a free for all either.

      • http://Yahoo.com Bill

        Eddie – are you feeling okay today.

      • eddie47d

        Yes ,thanks for asking!

      • MattN

        I have to say you actually made sense with this post (a first in a long time). You are right about conflicting rules — that has been going on for years. Laws are written to cover some action and then never repealed. A later law is enacted which is the opposite of the first law – and we now have a d***ed if we do, d***ed if we don’t situation. I think the answer would be to require a sunset clause in any law or regulation so it would have to be renewed at a later time (make sure it doesn’t have an automatic renewal clause in it) so it would be removed in time if it wasn’t correct. I’m still thinking about this idea and hope to be able to present it in the future.

    • Jan

      You need to change your moniker. You are one of the puppets that will continue to cover Obama/Davis’ a$$ until he takes the whole country to hell. Your arguments make no sense and your hero worship makes me wonder if you don’t have a man crush like Chris Matthews. Old Liar in chief is pulling your strings along with all the poor ignorant people that he has enslaved . Try “no” brain thoughtless.

  • Gary

    I often wonder how many these social commentators and pretend experts have ever sat down on a Friday morning and signed a stack of pay checks.

  • steve

    why not just raise the price of consumer products by 25% and then let the people cry foul to the grand master. and of course he will say bush made me do it

  • AZ-Ike

    No one every talks about the fact that only Congress has the Constitutional authority to write laws. They also have NO Constitutional authority to delegate their legislative authority to another government Branch or Agency.

    It’s really too bad that the people and the States don’t simply tell the federal regulatory agencies what they can do with their ‘regulations.’

  • John

    Pray for a meteor strike or an EMP attack. Government is evil. More government is more evil. Rules and regulations are for slaves.

  • Jeremy Leochner

    With respect to Mr. Rolley I can’t help but notice the part about “limiting air and water pollution” in his mention of the EPA and its costly regulations. I respect that costs can be high. But I believe preventing pollution of the air and water is more important. And I ain’t some hippy tree huger. I like to breath clean air and drink clean water. I feel that if a company is polluting the air and water they are not just affecting themselves they are affecting others without either their knowledge or consent or both. While I can respect that overzealous and redundant regulations are bad I do not see Mr. Rolley or any of the big republican and conservative pundits and politicians say that. Its just there is too much regulation and we need to start getting rid of agencies and slashing regulations. The trouble is while those regulations cost money they also prevent unsafe and unnecessary practices. One can survive within the rules. Apart from redundant rules I do not see how there is a need to engage in potentially harmful activities in order to preserve a business. If a business needs to survive by polluting the air and water around it or if there is simply too much cost to keep the work environment safe and ensure quality products are being delivered to the consumer I do not think that business or business owner should be trusted. What I hear when I hear people decrying regulations is “Its too difficult to be successful with all these regulations”. With all due respect there are plenty of business’s that survive and succeed within the rules and adhering to the regulations. Not all regulations are needed or useful. But we need to clarify as such instead of making broad generalizing statements that compare an increase in regulations to a tsunami and declare it as good that regulations have been removed without specifying the regulations. Regulations are not the enemy of economic growth. No more then any laws are the enemy of personal growth. Laws may be difficult to work within but there is a reason for them.

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