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-   -   Benefits of Regulations (http://www.paceadvantage.com/forum/showthread.php?t=143674)

hcap 03-08-2018 12:52 PM

Benefits of Regulations
 
OMB Report: Net Benefit of Regulations Is Huge.

Oh O.
Original OMB report.

https://www.eenews.net/assets/2018/0...ment_pm_01.pdf

Summarized......

https://www.motherjones.com/kevin-dr...tions-is-huge/

"Republicans hate regulations. Donald Trump hates regulations. OMB chief Mick Mulvaney hates regulations. So it must have killed him to publish the most recent report to Congress on the costs and benefits of major regulations. Unfortunately, there’s a regulation that requires it, so the report was submitted once again. Here are the estimated net benefits (benefits minus costs) of major regulations over the past decade"

..The thing to note here is that the net benefits are all positive: that is, the benefits far outweigh the costs. This is because federal agencies don’t generally adopt regulations that have a net cost. The people being regulated may hate it, but they aren’t the target for this stuff. You and I are."

https://www.motherjones.com/wp-conte...2007_20161.gif

https://www.motherjones.com/wp-conte..._2007_2016.gif

Clocker 03-08-2018 01:07 PM

So the bureaucrats in Washington did a study of themselves to determine if the money we spend on them is worth it.

Amazingly, they found that they are indeed well worth it. :faint:

chadk66 03-08-2018 01:38 PM

:lol:

fast4522 03-08-2018 02:05 PM

1 Attachment(s)
Quote:

Originally Posted by hcap (Post 2287539)

Make a real nice sticker on one of these.

boxcar 03-08-2018 02:13 PM

Quote:

Originally Posted by hcap (Post 2287539)
OMB Report: Net Benefit of Regulations Is Huge.

Oh O.
Original OMB report.

https://www.eenews.net/assets/2018/0...ment_pm_01.pdf

Summarized......

https://www.motherjones.com/kevin-dr...tions-is-huge/

"Republicans hate regulations. Donald Trump hates regulations. OMB chief Mick Mulvaney hates regulations. So it must have killed him to publish the most recent report to Congress on the costs and benefits of major regulations. Unfortunately, there’s a regulation that requires it, so the report was submitted once again. Here are the estimated net benefits (benefits minus costs) of major regulations over the past decade"

..The thing to note here is that the net benefits are all positive: that is, the benefits far outweigh the costs. This is because federal agencies don’t generally adopt regulations that have a net cost. The people being regulated may hate it, but they aren’t the target for this stuff. You and I are."

https://www.motherjones.com/wp-conte...2007_20161.gif

https://www.motherjones.com/wp-conte..._2007_2016.gif

There should be a government regulation against worthless graphs and equally worthless posts that eat up precious bandwidth. :coffee:

thaskalos 03-08-2018 02:24 PM

Quote:

Originally Posted by boxcar (Post 2287572)
There should be a government regulation against worthless graphs and equally worthless posts that eat up precious bandwidth. :coffee:

If that were the case...then both the religious threads here would have been deleted long ago.

Dave Schwartz 03-08-2018 02:35 PM

Quote:

Originally Posted by boxcar (Post 2287572)
There should be a government regulation against worthless graphs and equally worthless posts that eat up precious bandwidth. :coffee:

And who gets to designate the ones that are worthless?

thaskalos 03-08-2018 02:39 PM

Quote:

Originally Posted by Dave Schwartz (Post 2287580)
And who gets to designate the ones that are worthless?

Boxcar...of course! Who else has proven that he is guided by the "Holy Spirit"?

Dave Schwartz 03-08-2018 02:55 PM

Quote:

Originally Posted by thaskalos (Post 2287582)
Boxcar...of course! Who else has proven that he is guided by the "Holy Spirit"?

I was thinking along the lines of Republicans (or Democrats) having all the correct answers.

... but get your point.

davew 03-08-2018 03:04 PM

For some reason I suspect the 'costs' of the regulations do not include all the employee, benefits, and facility costs (but I can not tell because of the nice graphs and figures shown).

elysiantraveller 03-08-2018 03:05 PM

Quote:

Originally Posted by hcap (Post 2287539)
...

Why bother...?

These same people LOVE regulations when Trump says to... like tariffs.

PaceAdvantage 03-08-2018 04:00 PM

Did you ever give anyone a "why bother" when they were arguing against Obama supporters? And you happened to agree with them?

I don't recall you ever being this snarky...ever...

But it's all good...just curious...

boxcar 03-08-2018 04:28 PM

Quote:

Originally Posted by Dave Schwartz (Post 2287580)
And who gets to designate the ones that are worthless?

Why the government, of course, who Hcap implicitly trusts 24/7. :coffee:

Tom 03-08-2018 04:30 PM

This seems to be a pretty stupid article.
"Regulations" are not all equal in value or harm. A regulation has to be judged wholly on its own. Obviously, we need regulations. Obviously, we don't need to regulate everything.

We do know that over-regulating stifles business and costs money.

boxcar 03-08-2018 04:32 PM

Quote:

Originally Posted by Dave Schwartz (Post 2287589)
I was thinking along the lines of Republicans (or Democrats) having all the correct answers.

Since neither do, this would argue very strongly for limited government -- not more of it with mega tons of regulations.


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