Thread: Reduce regulations to create jobs

By SEN. OLYMPIA SNOWE | 6/22/11 10:02 PM EDT


Close to 15 million unemployed people are eager for work in the United States.

Despite President Barack Obama’s talk about how his administration seeks to boost employment, his federal agencies are helping to create this remarkably difficult job market. The cost of complying with inefficient, ineffective and needlessly onerous government regulations is one thing preventing job creators from hiring.

One of the most effective ways government can spur job creation is to pass substantial regulatory reforms — immediately.

Small-business owners regularly tell me that Washington’s actions work against their ability to create jobs. Specific complaints relate to the lack of predictability in regulations or how laws will be interpreted, the failure to consider small businesses — our No. 1 job creators — when bureaucrats write rules and the need for agencies to examine certain indirect economic effects.

Small-business owners have good reason to be wary of new regulations — they suffer a disproportionate share of the cost of compliance.

Firms with fewer than 20 employees shoulder an average of $10,585 in regulatory costs per employee, according to a 2010 study commissioned by the Small Business Administration’s Office of Advocacy, a staggering 36 percent more than the cost for their larger counterparts. Certainly, there is a cost to doing business. But any cost incurred because of outdated or ineffective government policy is inexcusable.

read more at: Opinion: Pass regulatory reforms now - Sen. Olympia Snowe - POLITICO.com

Will Obama and the Democrats listen to Sen. Snowe? I don't think so.

By SEN. MIKE ENZI | 6/23/11 6:28 AM EDT


A job is essential to achieving the American dream. But today, there are millions of Americans out of work.

We continue to wait for the economy to bounce back, and start creating the jobs to keep America strong. But Congress and this administration have not done their part to foster the healthy, job-creating economy we need.

What they have done is place burdensome new health care requirements on struggling American families, piled onerous regulations on America’s energy industry and even penalized homegrown U.S. businesses for creating jobs in states outside the control of organized labor.

We have heard plenty of talk about job creation — but the rhetoric simply does not match up with any action. The truth is the most significant step the federal government can take toward greater job growth is to get out of the way.

Creating jobs starts with the federal government reducing the regulatory burden it places on employers — like the new health care law, which is driving up premium costs for families even as it is paralyzing employers unsure of future obligations. Unfortunately, President Barack Obama and his congressional supporters are fighting this effort every step of the way.

read more at: Opinion: Government blocking jobs - Sen. Mike Enzi - POLITICO.com

Will Obama and the Democrats listen to Sen. Enzi? I don't think so.


Obama and the Democrats have shown over the last two and a half years that they prefer increased regulations.

Un-regulation and failure to properly oversee Regulations we have CAUSED the Great Recession. How then does even less regulation and over sight help??

Bottom line that NO ONE seems to understand is....IF....If businesses ran ethically, morally and legally then there would be no need for regulations in the first place.

Remember that when our great Nation formed, there were Charters given to businesses. They had to prove they provided a needed or wanted Product or service. Business ownership wasn't a right. Today a business has Human Rights and can manipulate their sectors all in the name of greed.

Listening to Sen. Enzi would cause more greed and another recession or worse...

Originally Posted by JoJoGunne

Will Obama and the Democrats listen to Sen. Snowe? I don't think so.....

I think another question to ask is "Would Republicans let Obama and the Democrats pass legislation affecting only small-business, 'firms with fewer than 20 employees', without demanding that the same loosening of regulations also apply to the mega-corporations?"

After all, we know that big business can be self-regulating and is more efficient at managing the safety of its workers, right?



Personally, I agree with Sen. Snowe that small business owners "suffer a disproportionate share of the cost of compliance".

Originally Posted by Divine Wind

I think another question to ask is "Would Republicans let Obama and the Democrats pass legislation affecting only small-business, 'firms with fewer than 20 employees', without demanding that the same loosening of regulations also apply to the mega-corporations?"

After all, we know that big business can be self-regulating and is more efficient at managing the safety of its workers, right?



Personally, I agree with Sen. Snowe that small business owners "suffer a disproportionate share of the cost of compliance".

Right..See in a Free Market system the Consumer has the real power. They determine what business will and won't sell or provide. They also set the prices for said business. Supply Side economics is the only way to have Capitalism. Under it there are NO Monopolies..NO CEO's earning 11 million a year. It provides True Power to the People and Nations Thrive under it...

Sounds good doesn't it? At least in theory but reality proves people who swallow that gunk as being wrong. If left to their own devices business will corrupt themselves and the Nation as well.

Originally Posted by angryamerican

Right..See in a Free Market system the Consumer has the real power. They determine what business will and won't sell or provide. They also set the prices for said business. Supply Side economics is the only way to have Capitalism. Under it there are NO Monopolies..NO CEO's earning 11 million a year. It provides True Power to the People and Nations Thrive under it...

Sounds good doesn't it? At least in theory but reality proves people who swallow that gunk as being wrong. If left to their own devices business will corrupt themselves and the Nation as well.

Dude, are you saying that those who support laissez faire capitalism are as naive as Anarchists in thinking a completely unregulated system would resolve itself fairly, kindly and gently just like in little girl's fairy tales?

Originally Posted by Divine Wind

Dude, are you saying that those who support laissez faire capitalism are as naive as Anarchists in thinking a completely unregulated system would resolve itself fairly, kindly and gently just like in little girl's fairy tales?

Officially..YES, I am saying that.

Originally Posted by angryamerican

Officially..YES, I am saying that.

I thought that's what you were saying!

BTW, agreed.

Originally Posted by angryamerican

Un-regulation and failure to properly oversee Regulations we have CAUSED the Great Recession. How then does even less regulation and over sight help??

Bottom line that NO ONE seems to understand is....IF....If businesses ran ethically, morally and legally then there would be no need for regulations in the first place.

Remember that when our great Nation formed, there were Charters given to businesses. They had to prove they provided a needed or wanted Product or service. Business ownership wasn't a right. Today a business has Human Rights and can manipulate their sectors all in the name of greed.

Listening to Sen. Enzi would cause more greed and another recession or worse...

Originally Posted by Divine Wind

Dude, are you saying that those who support laissez faire capitalism are as naive as Anarchists in thinking a completely unregulated system would resolve itself fairly, kindly and gently just like in little girl's fairy tales?

The only problem with your mutual stroke-off is that neither Senator is advocating "a completely unregulated system".

But don't let me interrupt y'all, now.

Originally Posted by JoJoGunne

The only problem with your mutual stroke-off is that neither Senator is advocating "a completely unregulated system".....

Dude, you really need to start either reading the posts or get a refund on that Evelyn Wood Speed Reading Course....or at least demand they let you take it again.

Evelyn Wood Reading Dynamics.

Originally Posted by JoJoGunne

The only problem with your mutual stroke-off is that neither Senator is advocating "a completely unregulated system".

But don't let me interrupt y'all, now.

Really? To whom do they plan to get the authority to decide WHICH regulations/agencies need to be eliminated and/ot drastically reduced in power?
Congress? The U.S. Chamber of Commerce? Who?