Democrats claim to be focusing "like a laser" on jobs and economic growth. What they fail to see is how their own vehicle of power - government - is actually standing in the way of said job creation and growth. Did you know that in 2010, federal agencies issued 43 major new rules, which increased regulatory burdens on businesses? The total cost of these rules,
according to a recent Heritage Foundation analysis, was more than $26.5 billion. This is the highest single-year cost of regulations recorded on record since they started keeping track of such things in 1981.
Considering that our Obama bureaucrats already got the award for highest single-year cost of regulations .... they are now out to top themselves. At the helm is none other than the EPA. Right now there is a battle brewing between the EPA/Democrats and Congressional Republicans. You see, the EPA is determined to implement mandatory new regulations on green house gas emissions. The President, and most Democrats, support the EPA's efforts. Remember, it was our own president, Barack Obama,
who said back in 2007,
"If someone wants to build a coal power plant they can, but it will bankrupt them because they are going to be charged a huge sum for all that greenhouse gas that's being admitted." As Obama points out, these efforts would bankrupt an entire industry! Not quite what I had in mind when the Democrats said they were going to focus on creating jobs and economic growth.