With each new bit of regulation proposed a screeching chorus rises from industry pronouncing the dire consequences set to befall the country if even the slightest utterance of such rules are dared spoken. How many times have these warnings of cataclysm been heard? And how many times have they come to pass?
1) Taxes and regulations are slowing the recovery and restraining growth and hiring
Oil drilling has sparked a frenzied prosperity in Jeff Keller’s formerly quiet corner of western North Dakota in recent years, bringing an infusion of jobs and reviving moribund local businesses.
But Keller, a natural resource manager for the Army Corps of Engineers, has seen a more ominous effect of the boom, too: Oil companies are spilling and dumping drilling waste onto the region’s land and into its waterways with increasing regularity.
Speculators have entered the conversation once more with President Obama’s proposal to police their manipulation of oil markets. Almost immediately his Republican opponents lambasted the effort as nothing more than a political ploy. Industry leaders stepped forward to warn consumers, with stricter regulations prices will rise. Who holds the reigns of truth here? Or does this all too familiar debate reinforce the need for a new approach?
Under pressure from activist groups and corporate sponsors, the American Legislative Exchange Council (ALEC) on Tuesday announced a reorganization plan that will shutter its Public Safety and Elections Committee, which encouraged passage of “Stand Your Ground” laws and other controversial measures.
The reorganization drew muted cheers from groups on the left that have for years been waging a campaign against ALEC, which describes itself as advocating “free-market enterprise, limited government, and federalism.”
The move comes after half a dozen major corporations — including Coca-Cola, PepsiCo, Intuit and McDonald’s — announced they had decided not to renew membership in the group, which drafts “model bills” for state legislators.
In addition to backing Stand Your Ground legislation, ALEC has drawn criticism for laws requiring voters to show identification, tough immigration proposals and resolutions calling for an end to the regulation of carbon emissions.
With the help of Virginia Foxx, R-N.C., for-profit colleges are massively ripping off U.S. taxpayers
Earlier this year, the U.S. House of Representatives voted to pass a bill with the impressive, everybody-can-get-behind-this title “Protecting Academic Freedom in Higher Education Act.” Sponsored by the ultra-conservative North Carolina Republican Virginia Foxx, the bill ostensibly took aim at an issue close to small-government-loving hearts: intrusive federal regulation of for-profit colleges — fast growing, highly profitable outfits like DeVry University or the online-only University of Phoenix.
Farmers and ranchers will for the first time be required to get a prescription from a veterinarian before using antibiotics in cattle, pigs, chickens and other animals, federal food regulators announced on Wednesday. Officials hope the move will slow the indiscriminate use of the drugs, which has made them increasingly ineffective in humans.
Environmental regulation doesn’t kill jobs; it creates them
In December, the Obama administration approved long-overdue environmental regulations requiring U.S. power plants to reduce emissions of mercury, arsenic, and other toxic metals. The Mercury and Air Toxics Standards, or air toxics rule, is expected to prevent up to 11,000 premature deaths a year and have many other health benefits. And yet conservative members of Congress oppose it.
Much has been made of late about new EPA rules regarding coal-powered powerplants and an apparent ban on any new facilities in the future. The article here dispells some of inaccuate claims and rumors.
Washington Post: On Tuesday, the Environmental Protection Agency unveiled its first-ever rules on carbon-dioxide emissions from new power plants. These rules are part of the EPA’s program to tackle global-warming pollution. But what sort of impact will they actually have? Not a whole lot — at least for the foreseeable future.
Americans have increasingly turned against the idea of “government regulation” since the beginning of the Obama administration. According to the latest Pew Research Center survey, 52 percent of Americans believe that government regulation of business usually does more harm than good, while just 40 percent believe it’s “necessary to protect the public interest”—the complete reverse of public opinion at the height of the financial crisis.