turzovka
Gold Member
- Nov 20, 2012
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I do not know exactly what it was, and I really do not care enough to research the history.Mandate? It's a Mandate?more good news about: THE GOVERNMENT
SNIP:
Study: Cost of U.S. Regulations Larger Than Germany’s Economy
Regs have cost economy $4 trillion, $13,000 per person
BY: Elizabeth Harrington
April 26, 2016 12:50 pm
The cost of U.S. regulations is now larger than Germany’s economy, amounting to a $4 trillion loss to the American economy, according to a new study by the Mercatus Center at George Mason University.
The study, released Tuesday, found that regulations over the past several decades amount to a loss of $13,000 for each American worker.
“The impact of regulation on economic growth has been widely studied, but most research has focused on a narrow set of regulations, industries, or both,” according to the report. “These studies typically rely on regulatory indexes that measure subsets of all regulation, on country-to-country comparisons, on short time spans, or on surveys in which experts report how regulated they believe their country or industry is.
“In order to better understand the cumulative cost of regulation, a comprehensive look at all regulations across many industries over a long period of time is imperative.”
Researchers at Mercatus studied data from 22 industries from 1977 to 2012, finding regulations have distorted “investments choices that lead to innovation” and have “created a considerable drag on the economy.” The result: an average shrinking of the economy by 0.8 percent a year.
“If regulations had been held constant at levels observed in 1980, the American economy would have been 25 percent larger than it was in 2012,” the report said. “This amounts to a $4 trillion loss in 2012 for the American economy or $13,000 loss per person, a significant amount of money for most American workers.”
The cost of federal regulations amounts to the fourth-largest GDP in the world, surpassing the economies of Germany, France, the United Kingdom, Brazil, Italy, Russia, and India.
all of it here:
Study: Cost of U.S. Regulations Larger Than Germany’s Economy
This latest mandate from the White House should be a real winner --- akin to Michelle’s previous demands.
1M kids stop school lunch due to Michelle Obama’s standards
As School Meals Have Gotten Healthier, 1.4 Million Students Drop Out of School Lunch Program
Students in Full Revolt Against Michelle Obama's Horrible School Lunch Mandates! - The Political Insider
Kentucky kids to first lady Michelle Obama: Your food ‘tastes like vomit’
Mandate, directive, law, command or suggestion --- whatever it was has affected thousands of public schools and tens of millions of students --- at a minimum --- and almost exclusively in a negative way. Happy?