Study: Obama has regulated business less than Bush

[DreamSmoker]

As Republicans accuse President Barack Obama of regulating businesses right out of their ability to create jobs, a new study by Bloomberg News seems to have knocked their talking point down.

The agency reported this week that President Obama has written even fewer business regulations than George W. Bush did when he was president, and Obama’s regulations aren’t as costly as those written by Bush Sr.

http://www.rawstory.com/rs/2011/10/26/study-obama-has-regulated-business-less-than-bush/

[MannyGoldstein]

1. No shit?

Surprising.

[Autumn]

2. Interesting

K/R

[ProSense]

3. It's true

CBS

<...>

In his first 33 months as president, Mr. Obama has approved 613 federal regulations, Bloomberg reported after reviewing data from the White House Office of Management and Budget. By comparison, Mr. Obama's predecessor had approved 643 new rules within the same time span.

However, Mr. Obama has approved 129 rules that cost more than $100 million, compared with 90 such rules under Mr. Bush. That's in part due to inflation, Michael Livermore, executive director of the Institute for Policy Integrity at the New York University School of Law, told Bloomberg.

Focusing on major pieces of legislation like Mr. Obama's health care overhaul, Republicans have blamed the Obama administration for weighing down the economy by hampering businesses with too many regulations.

Liberal economists dispute that notion.

<...>

[theaocp]

4. Other than poking more holes in Republican lies, how

is this a good thing? With more appropriate regulations, these businesses wouldn't be taking stupid risks with our economy, environment, etc. I think the problem is that Obama is TOO business friendly. Stop trying to be fucking friends with them. They're going to hate you anyway. You be the judge.

[mopinko]

5. really? obama can't get anything through congress? really?

lies, damn lies, and statistics.