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Old 03-08-2018, 12:52 PM   #1
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Benefits of Regulations

OMB Report: Net Benefit of Regulations Is Huge.

Oh O.
Original OMB report.


"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, thereís 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 donít generally adopt regulations that have a net cost. The people being regulated may hate it, but they arenít the target for this stuff. You and I are."

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