by Peter Grady –
In the few days after President Obama’s reelection last week, the administration has wasted no time in continuing his agenda of stifling business with massive new regulations, by posting 408 new regulations over the past seven days.
The regulations are available on the administrations regulations.gov website. The administration posted three new regulations today and said it is expected to post 102 new regulations with comments in the next three days. Americans should not expect the floodgate to close any time soon, as Obama’s administration is expected to issue 932 more over the next 90 days.
The regulations cover a variety of topics such as air taxis, mergers and acquisitions of bank holding companies and all-terrain vehicle safety.
Another proposed rule includes guidance for the FDA on “enforcement criteria for canned ackee, frozen ackee, and other ackee products that contain hypoglycin A.” Ackee is a fruit from Jamaica and inedible or unripened portions of it can be toxic.
Ironically, the site includes a video of Obama where he says his goal is to reduce regulations. “We’re trying to remove, and those are outdated and unnecessary regulations. I’ve ordered a government-wide review, and if there are rules on the books that are needlessly stifling job creation and economic growth, we will fix them,” the President said.
The Competitive Enterprise Institute (CEI) has expressed concerns on its website that now that Obama has won reelection he could issue a rash of new rules by the EPA and other agencies.
“During the campaign, President Obama decided to postpone the enactment of several controversial rules until after the election, CEI said. “Now that this ammunition will no longer have electoral consequences, the EPA can move ahead on delayed rules on everything from greenhouse gas emissions to ozone standards. Rules from the health care bill and the Dodd-Frank financial regulation bill will also likely make themselves known in the weeks to come.”
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