…is 400% larger than Bush’s during his first three years in office. In other words, Obama costs a lot more than most people realize. Not only do these intrusive regulations cost small businesses money, but it makes them not hire because there is too much uncertainty coming from this Administration and it’s policies.
In other words, the government is the problem when it comes to hiring.
Obama’s Regulatory Burden 400% Greater than Bush’s
by Kevin Craig
In his State of the Union Address earlier this year, President Obama claimed that his Administration has created fewer regulations than his predecessors.
But a new report issued by the House Oversight and Government Reform Committee shows that Obama’s regulations have been more intrusive and have imposed far greater economic costs on businesses and job creators.
In total, The Heritage Foundation has calculated that the Obama administration adopted 106 major regulations in its first three years. That’s nearly four times the 28 major regulations adopted in the first three years of the Bush administration. Those regulations came at a cost of $8.1 billion, compared to the $46 billion imposed under Obama by the same point in his presidency.