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Old 03-08-2018, 01:52 PM   #1
hcap
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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, 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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Old 03-08-2018, 02:07 PM   #2
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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.
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Old 03-08-2018, 02:38 PM   #3
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Old 03-08-2018, 03:05 PM   #4
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Make a real nice sticker on one of these.

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Old 03-08-2018, 03:13 PM   #5
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Quote:
Originally Posted by hcap View Post
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, 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."



There should be a government regulation against worthless graphs and equally worthless posts that eat up precious bandwidth.
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Old 03-08-2018, 03:24 PM   #6
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There should be a government regulation against worthless graphs and equally worthless posts that eat up precious bandwidth.
If that were the case...then both the religious threads here would have been deleted long ago.
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Old 03-08-2018, 03:35 PM   #7
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There should be a government regulation against worthless graphs and equally worthless posts that eat up precious bandwidth.
And who gets to designate the ones that are worthless?
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Old 03-08-2018, 03:39 PM   #8
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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"?
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Old 03-08-2018, 03:55 PM   #9
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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.
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Old 03-08-2018, 04:04 PM   #10
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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).
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Old 03-08-2018, 04:05 PM   #11
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...
Why bother...?

These same people LOVE regulations when Trump says to... like tariffs.
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Old 03-08-2018, 05:00 PM   #12
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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...
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Old 03-08-2018, 05:28 PM   #13
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And who gets to designate the ones that are worthless?
Why the government, of course, who Hcap implicitly trusts 24/7.
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Old 03-08-2018, 05:30 PM   #14
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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.
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Old 03-08-2018, 05:32 PM   #15
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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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