Obama Wants to Shed Rules that Hurt Job Growth

[Stuart G]

Source: Yahoo News, AP

By JULIE PACE, Associated Press Julie Pace, Associated Press – 47 mins ago
WASHINGTON – Taking another step toward mending his relationship with the business community, President Barack Obama will order a review of federal regulations with an eye toward getting rid of those that stifle job creation and hurt economic growth

The president planned to sign an executive order Tuesday telling federal agencies to look for rules that place an unreasonable burden on businesses.

In an opinion column Tuesday in The Wall Street Journal, the president also said he wants his administration to strike a balance between protecting the public and promoting economic growth.

The move comes as the Obama administration works to repair its relationship with corporate America, which has been reluctant to make investments and hire more people, in part because of uncertainty over government regulations and tax policies. Following his party's sweeping defeats in November's midterm elections, Obama acknowledged that he needed to better manage his relationship with the private sector.



Read more: http://hosted.ap.org/dynamic/stories/U/US_OBAMA_REGULATIONS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-01-18-09-33-28

[JDPriestly]

1. Yet another very Republican move.

Obama is not a Democrat.

I'm for jobs, but I seriously doubt that anyone is prevented from creating jobs by federal regulations. What in the world is Obama talking about?

[Brickbat]

2. Looking forward to seeing what those rules might be.

Unfortunately, I think it will be stuff I believe in -- and that have little to do with whether jobs are created or not.

[no_hypocrisy]

3. Geez, let's make a list . . .

environmental protections
occupational and safety regulations
living wages
overtime
secret balloting for a union

[Brickbat]

5. Edited.

[Blue_Tires]

34. don't forget more business tax breaks

and less scrutiny of CEO pay...

[Roland99]

4. So, corporations were worried about add'l regulations (not the current ones)

and so now Obama is going to look for ways to relax some of the EXISTING ones?


Tell me again how Obama is supposed to have a "D" after his name?

[KansDem]

6. Right! How can "trickle down" work with all those nasty government regulations!

In an opinion column Tuesday in The Wall Street Journal, the president also said he wants his administration to strike a balance between protecting the public and promoting economic growth.

Protecting the public? Like bolstering TSA gropings and doing away with Gulf protections? :crazy:

[Demeter]

11. Richard Rogers Said it best:

"If allies are strong with power to protect me,
Might they not protect me out of all I own?"

--King and I, Puzzlement

Substitute government for allies....

[earthside]

7. The Obama March ...

... towards full Reaganism goes on.

"Government regulations impose an enormous burden on large and small businesses in America, discourage productivity, and contribute substantially to our current economic woes."

http://reaganquotes.wordpress.com/2008/09/24/government-regulations-contribute-to-economic-woes/">Pres. Ronald Reagan
Remarks Announcing the Establishment of the Presidential
Task Force on Regulatory Relief, January 22, 1981

[Monsoon]

18. Ya but we now know Reagan had Alzheimers'

Dot. Dot Dot.

[fasttense]

51. Good point. n/t

[Bragi]

8. Hey corporate America! Go fuck yourself!

Sorry, I was just channeling a bit of Cheney from another thread.

[Judi Lynn]

9. Obama orders review of U.S. government regulations

Source: Reuters

Obama orders review of U.S. government regulations
41 mins ago

President Barack Obama on Tuesday ordered a government-wide review of regulations with the goal of eliminating those that hurt job creation and make the U.S. economy less competitive.

Obama took action after unveiling his plan in an op-ed piece in the Wall Street Journal in which he said some rules have placed "unreasonable burdens on business -- burdens that have stifled innovation and have had a chilling effect on growth and jobs."

The executive order marked Obama's latest move to repair relations with U.S. business, which were frayed amid bitter debate over his overhauls of Wall Street regulations and healthcare that some business leaders said would stymie corporate America.

Obama has struck a more business-friendly tone since his Democrats lost the U.S. House of Representatives and saw their Senate majority reduced in November congressional elections widely seen as a verdict on his handling of the stumbling economy and persistently high unemployment.





Read more: http://uk.news.yahoo.com/22/20110118/tpl-uk-obama-regulations-d1a0d5d.html

[Demeter]

10. Then Take Out the TSA

shut them down completely. Replace that FUBAR with something that enhances security without driving people out of travelling alltogether. And open the borders with Canada again.

[subterranean]

12. It's easy to see where this is going.

Obama will follow Darrell Issa's lead by asking businesses to tell him which regulations are stifling job creation and economic growth. The businesses will recommend getting rid of any regulations they find inconvenient, but not the ones they themselves lobbied for. It goes without saying that workers and consumers won't be asked for their views.

[Lorien]

15. Environmental and worker safety regulations will be the first to go

it would be great to see Obama concern himself with "mending his relationship" with the Progressives who got him into office for a change.

[Lorien]

13. "Mending his relationship with the business community"???

Since when has he NOT screwed over the people in an effort to suck up to corporate and Wall St. interests?

[rhett o rick]

14. Will Alan Simpson be involved? nm

[The Backlash Cometh]

16. Environmentalists and park space people, be prepared.

All that language protecting these properties are going to be blacked out.

[JJW]

17. Here in PA

In Pennsylvania, natural gas drillers can inject a toxic mix of chemicals to frac the well. Cheney deregulated this. The EPA doesn't even know what chemicals are used. This then goes into underground well water and can also be dumped into stream & rivers that are used for municipalities water supply.

This summer we had the worst oil spill in US history. Obama sent trillions of dollars to bailout the banks due to deregulation. Obama is a very slow learner. Drill baby, drill.

[harun]

62. I'm seeing that in PA too. However, the voters just spoke and

the industry was rewarded with a shiny new GOP Gov. to make sure no one messes with them.

It will get worse here in PA. By the time people catch on the natural gas will be gone and the state poisoned.

[webDude]

19. 'Cause, y'know, he just does not do enough for Wall Street and the Banks!!

C'mon people, you dance with who brung ya'!

[Phlem]

20. Where's the DU

Everything's just fine club. I'd love to hear their reasoning behind this recent Obama maneuver.

-p

[Imajika]

21. What's wrong with reviewing regulations...

...and getting rid of ones that are unneeded, don't work or are otherwise just bad?

This should be done all the time anyway.

[Pale Blue Dot]

23. Because right now the conversation should be about increased regulation.

That's something that Obama and his economic team of Wall Street insiders refuses to acknowledge. Instead, they're agreeing with conservative talking points.

[Imajika]

27. The President has done many things to increase regulation...

Including passing the financial reform bill, the health care bill has many areas of increased regulation, the EPA isn't waiting for Congress to act and has been increasing regulation, the child safety and nutrition bill increased regulation, etc, etc, etc.

The President has increased regulations in many, many areas.

There is nothing wrong with stepping back and eliminating duplicative, unnecessary or bad regulations. It should be done all the time anyway.

[JDPriestly]

35. So, Imajika, exactly which regulations would you get rid of.

Child safety?

Nutrition?

Financial reform?

Health care reform?

Would you like dirtier air? How about some dirtier water with your dirtier air?

What about the mining regulations? Would you reduce mining safety regulation?

How about the regulations on oil drilling offshore? Would you reduce those regulations?

Just precisely what regulations should be reduced?

Because the devil here is in the details.

[Imajika]

36. Your being ridiculous...

There are tens of thousands (probably hundreds of thousands) of regulations on the books. I do believe there is a federal registry that is updated almost every business day with all the activity (rules and regulations) that are put in effect throughout the various federal agencies and their sub departments. No one is saying "get rid of all clean air regulations", or "get rid of all mining regulations", etc. The idea is to go through the many thousands of regulations in all the departments and get rid of regulations that didn't work as intended, regulations that are duplicative, regulations that were just a bad idea, etc. It is not an all or nothing endeavor, and it something that should be done periodically anyway.

[JDPriestly]

45. Just tell me, what regulations would you get rid of?

The regulations are updated and changed all the time, and, trust me, big business reads them all carefully and goes directly to the regulators, Congress and the president, requesting very specific changes in their favor. They have big checkbooks in their hands when they do that.

I assure you, regulations that don't work as intended, are duplicative or just a bad idea are so easily done away with that few exist.

Have you ever, for example, read the Code of Federal Regulations with regard to any specific issue?

Here is a link to the Code of Federal Regulations.

http://ecfr.gpoaccess.gov/cgi/t/text/text-idx?c=ecfr&tpl=%2Findex.tpl

Go to it. See what you find.

Have you ever even seen the Code of Federal Regulations in your life before this?

[Phlem]

37. I see your point.

It's also assuming that the people who get into the details are responsible and only have concern for jobs and the American Worker.

As a pessimist, I've seen to much of the opposite happening to the middle class worker for a long time. I can see a very strong trend for supporting Corporate rather than the citizen. If I wanted to decrease regulation for corporate, I certainly wouldn't call it that. It'd be dressed in a more appetizing disguise like say.... hey more jobs!! Yea that's it!

While I admire that you assume the best in our government and people, past and recent events make me uneasy in trusting our government to do the right thing now and into the foreseeable future.

Obama has passed legislation that is great and helps the average citizen I agree, It's what he's given away that worries me.

-p

[G. Odoreida]

57. We don't need any more Wall Street regulation

What we need is to let banks with failed business models - fail.

[Le Taz Hot]

48. Such as . . . ?

[Bragi]

26. I'm not one of them, but here's a response

Maybe Obama is setting this process in motion just so he can say it's happening, though he actually has no intention of doing anything resembling a significant deregulation of anything.

We can hope, can't we?

[Phlem]

38. could be

or it could something about lipstick and pigs.

-p

[FiveGoodMen]

40. "We can hope, can't we?"

Not really.

Not anymore.

[datan]

22. WSJ

interesting that Obama wrote his op-ed for the wall street journal...that bastion of conservatism

all the op-eds I've ever read in the WSJ have been from the rightwing conservative perspective...

[DeSwiss]

24. The last time.....

...a so-called Democratic President "worked with" the business community they repealed Glass-Stegall.


- So glad that ended well.....

K&R

[No Elephants]

52. Ouch!

[JJW]

25. So I guess he won't be

sending any banksters to jail.

[rocktivity]

28. TRANSLATION: Obama is about to cave again

and let the regulated write the regulations

:(
rocktivity

[tpsbmam]

60. I'm no longer convinced it's caving.

I'm seeing too sinister a pattern here. We were duped in 2008 is more likely IMO.

[davidwparker]

29. Visa abuses. Rewarding those who outsource. Now, the

press conference is over and the cameras are gone, so let's see what actually happens.

[Blue Meany]

30. This is probably intended to defend against attacks from

Republicans in the House, who are already reviewing regulations for themselves. That way, he can argue that he is getting rid of the "unreasonable" regs, but the Repubs want to get rid of everything. So far that moderate, reasoned approach hasn't worked very well for getting this done, but it might help him get re-elected.

[mzmolly]

31. Can't we ever wait to see what he does? Might he

simply be trying to get some to prove their shoddy case?

[Nihil]

49. All this "change" seems to have eroded the "hope" ...

Looks like some of the battered wives are starting to doubt the
"but I'll be nicer this time" promises.

[mzmolly]

58. I suggest your comparison is twisted in the wrong direction.

http://www.opednews.com/articles/A-Case-For-Obama-s-Accompl-by-Tony-Trupiano-110119-411.html

* Singing the SALT Treaty
* Massive Wall Street reform
* The Stimulus Bill (TARP)
* Fair Pay Act allowing for equal pay for women
* Hate Crimes Prevention Act
* Allowing the FDA to regulate tobacco
* Reformed the Student Loan program saving millions of people millions of dollars
* The humane Repeal of Don't Ask Don't Tell
* The extension of unemployment benefits
* Health Care Reform
* There have been more jobs created in the last two years under President Obama than under the eight years of George W. Bush
* We are paying the lowest taxes than we have in 60 years
* Tax Credit for new Home Buyers
* Cash for Clunkers that basically reignited the auto industry

Most modern day historians have stated that President Obama has effected more change in his first two years than in all the years of Bill Clinton and George W. Bush combined ...

Indeed there is an abuse scenario here, but it's from the never good enough, (I should never have married you) crowd.

[Bandit]

32. Maybe the Child Labor Laws or OSHA Laws, or Minimum Wage Laws

There are so many Republican wet dreams that Obama could work toward..

[mzmolly]

33. Or, Republican ideals that he could expose.

eom

[FiveGoodMen]

39. "mending his relationship with the business community"

Mending his fucking relationship with the Business Community??!~?!?

REALLY?

THEY HAVEN'T GOT ENOUGH OUT OF HIM YET??????!!!!!!!!!!

:nuke:

[On the Road]

41. I Would Like to See the Proposal Before Criticizing It

If Obama will make some decent proposals, that will be good politically and may even shield some other regulations that might be under attack.

Carter deregulated airfares and trucking rates. Not every deregulation is bad.

[Still a Democrat]

42. You sure know how to dampen a good outrage

Thanks for a level-headed post.

[Skittles]

47. torture is OK, crashing the economy is OK but - HEY! let's get rid of REGULATIONS!

COME ON

[Skittles]

46. it's all bullshit

it's not regulation inhibiting job growth - it's lack of demand, along with the fact that businesses ARE creating jobs - just NOT IN AMERICA - this is more corporate dick-sucking

[area51]

59. +1 n/t

[On the Road]

63. Perhaps This Kind of Thing Might be Included?

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=115x271553

[alp227]

43. history repeats itself: lax regulation, economy implodes after a while

After the Roaring 20s came the Great Depression. When have EXCESSIVE regulations caused unemployment? When Wall Street got to run wild, BP drilled wherever it wanted before that oil well exploded, and companies have been outsourcing throughout the last decade?

[lonestarnot]

44. Oh fuck, are we going to be fucked again.

Not a statement, but a statement of a fact.

[Thor_MN]

50. How about ditching the supply side nonsense?

Because if I'm a CEO, I know that if the government tosses a shitload of money in my lap, I'm going rush right out, hire back the people I laid off and start producing more crap that no one can afford to buy. :crazy:

[johnroshan]

53. Just another politician at work guys.. Nothing to see here.

I think he's just trying to get some repub votes in 2012.

I don't know if he would go ahead with this "promise" considering he didn't keep the last ones he made.

As Thomas Paine said about the American Independence, "Tis not the concern of a day, a year or an age, posterity are virtually involved in the contest and will be more or less affected, even to the end of time, by the proceedings now." The same quote can be said now regarding the environment. If he takes out environmental laws or something, it will be our children who will pay for our insolence and greed.

[Odin2005]

54. Orwell is rolling in his grave.

[QC]

55. Maybe he can get Dan Quayle to come and run this new Competitiveness Council. n/t

[robcon]

56. Another reason to praise the president.

He's willing to look at regulations with an eye towards economic growth.

[LiberalEsto]

61. Good. Kill all H1-B visas

And all the other special visa programs that take away jobs from American workers.