It’s time for every single alphabet agency that is writing the rules and laws around our legislative branch (the peoples’ representatives) must be abolished.
The modern administrative state; we talk about this all the time, has power, resources and tenticles which boggle the mind. For example, in 2008, the small business administration estimated that annual regulatory compliance costs amount to 1.752trillion dollars a year or 11% of the gross domestic product. 11% of all the wealth created by the private economy; this is apart from taxation. Last year, the Obama administration issued new regulations costing 236 billion dollars. New EPA regulations alone resulted in 172 billion dollars of the 136 billion dollars last year. Last year, the Federal Register, the official federal publication documenting administrative rules and proposed rules exceeded 77,000 pages. Mark, where you getting this from? I did my own research, like always. In 2011 and 2010 federal registers were 81,247 pages and 81,405 pages long respectively.
Ladies and gentlemen, that’s a quarter million, excuse me, 250,000 pages of regulations in three years. A quarter of a million pages, pages! In 2012, the federal bureaucracy reportedly issued 212, just in one year, 212 economically significant federal rules; meaning each regulation was projected to impose over 100 million dollars in economic costs over a period of a year. In the last ten years, the issuance of economically significant rules has increased 108%.
That’s alot of rules, and what’s interesting is, if we take a year like 2011, we have federal regulatory agencies issued 3807 final rules; this has the impact of law – these rules. Congress passed and the president signed 81 laws. So in 2011, the legislative branch and the executive passed and signed 81 laws; the bureaucracy issued 3807 laws.
You know what this is ladies and gentlemen? This is not a constitutional republic. This is a federal government completely out of control.
