Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board

Go Back   Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board


View Single Post
Old 03-08-2018, 12:52 PM   #1
hcap
Registered User
 
hcap's Avatar
 
Join Date: Nov 2002
Posts: 30,398
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."



hcap is offline   Reply With Quote Reply
 
» Advertisement
Powered by vBadvanced CMPS v3.2.3

All times are GMT -4. The time now is 07:18 AM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Copyright 1999 - 2023 -- PaceAdvantage.Com -- All Rights Reserved
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program
designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.