One reason why investors are sitting on their money…

by Skip

From Hot Air, this absolutely lovely piece of datum.  Amidst this current talk of raising taxes on Obama’s scapegoats (the rich) and the fiscal cliff, here is the Left hook:

The Obama administration proposed at least 80 new regulations the day after Thanksgiving (go ahead and give ‘em a scroll-through for some good times), adding to the now 1,773 proposed in the last thirty days. …But tax hikes on the wealthy and more government spending are what we need to get our economy going again. Uh-huh.

Tax it – and strangle it with regulations.  Box it up, rope it up, and chain it down.  After all, the Progressives and Socialists in charge now hate the Free Market.  Oh, Obama mouths the words, but his actions belie them.  But it is even worse – when Government openly boasts of how many regulations they are creating?

5,868.  The site talks about an average of 8,000 per year.  How many are enough?  When is enough, enough?  Sadly, there is no answer forthcoming.  Sadly, there will be a cost to them that will outlive this post.

Leave a Comment

  • mer

    Like laws, I wonder how many of the regulations in existence actually contradict others? “Well, I followed law/regulation A, but broke B and C”

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