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  • Obama Reg Czar Says Bush Was Worse

    “When all else fails, blame Bush.” This seems to be the operating principle of the current Administration.

    Case in point: At a conference on innovation earlier this week, Cass Sunstein—the head of OMB’s regulatory review office—tried to deflect criticism that the Obama Administration was responsible for a “tsunami” of regulation sweeping over the American economy. His defense: Bush was worse:

    “The annual cost of regulations has not increased during the Obama administration,” Sunstein said. “In its last two years, executive agencies in the Bush administration proposed far higher regulatory costs than did those agencies in the Obama administration in our first two years.”

    Sunstein is wrong.

    Now, George W. Bush was no paragon of regulatory restraint, having imposed over $60 billion in new regulatory costs during his two terms in office. And the red tape machine was particularly active during the final two years, churning out close to $20 billion in new burdens during that time.

    Not a record to be proud of, to be sure. But it pales in comparison to President Obama’s frenetic regulatory pace. In just two years, Obama regulators have imposed close to $40 billion in new costs. It took Bush some six years to reach that level. Obama has done it in two.

    You don’t have to look far to see the reasons for these stark numbers—health care regulations, new bank regulations, Internet regulations, environment regulations have all been pressed forward relentlessly. The tsunami is indeed real.

    Sunstein, the Administration’s point man on regulation, certainly knows this. And he may want to defend this rising tide. But he can’t stand on the shore and deny it is happening or deflect blame to the President’s predecessors. This time, “Blame the Other Guy” is simply not an option.

    Posted in Economics [slideshow_deploy]

    6 Responses to Obama Reg Czar Says Bush Was Worse

    1. Bobbie says:

      Bringing up the past without learning from it is ignorance at it''s core. They use the mistakes of the past to excuse themselves only to further the "worse." obama was in the senate seeing all problems he (and the like minded) is using now to capitalize and destroy this country. America doesn't deserve this!

    2. Conrad2010 says:

      It's should be more like. Blame his parents!!

    3. Mike says:

      While I agree with your statement that pointing at President Bush is wearing thin, I have to disagree with your final sentence. We, the people, overwhelingly voted President Obama into office. People refused to listen to what he was saying. He made no secrets of what he was about and we voted him in anyway. The stupid shall be punished. We deserve what we got.

    4. Bobbie says:

      Don't credit me, any!

    5. Guest says:

      bad is saying I am not as bad as my predecessor
      two bad's do not make a good,,,
      we are ready to rid the US of the restrictions on life imposed by Government,,,

    6. Mike says:

      If anyone does not believe that Obummer hates America they should just look at what he is trying to do to the best and the brightest in the CIA. He released the news about the intel from Bin Ladens home and now he is destroying the system that has protected us. I just found out that they are catching and releasing terrorists like they do illegals. This guy that they are bringing in on the Navy ship is just one of many that they have captured but where are the rest?" he has released thousands captured in Samolia and Afganistan. God Bless America

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