Even though ‘president’ Barack Obama only has less than two months left in office, he hasn’t stopped his liberal agenda, and he hasn’t learned that the American people are tired of regulations.
New Environmental Protection Agency regulations on trucks were what finally pushed the regulation costs over $1 trillion.
Put another way, each American now will have to fork over a one-time payment of $3,080 for these new regulations, or an annual cost of about $540.
These “payments” could come in any number of ways, such as fewer jobs, and higher taxes— pretty much all of the negatives associated with having a bloated and corrupt federal government.
As if that isn’t bad enough, thanks to all these new regulations, the estimated number of hours for all the paperwork is 754,208,700 hours, according to the report. There are 8,760 hours in a year, so the paperwork for these regulations would only take roughly 86,097 years for one person to complete — or, more realistically, the paperwork would require over 377,000 people working full-time at 2,000 hours per week to process. None of their work will add any value to the U.S. economy.
And Obama is probably going to try to push through more regulations before he leaves office.
Can we make the lives of Americans even more miserable before Obama moves out of the White House? “Yes, we can!”
We can’t afford this much regulation. While there is no arguing that some regulation is a necessary evil, the ‘federal government’ has gone completely off the rails with the number of regulations being enacted, almost all of them by unelected career bureaucrats.
It’s time to cut back these regulations, ease the financial burden on taxpayers and let the economy grow once again.
Trump better follow through on his promises — or else America is in serious trouble.
What else you think Obama has planned before he leaves office.