...Sen. Rob Portman shows that we are also headed over a steep “regulatory cliff” that could compound the damage.
The Obama administration already has been quite aggressive on the regulatory front. However, with the presidential election looming, it is holding back on imposing several multi-billion dollar regulatory burdens. As Portman shows, these regs, coupled with more than 130 unfinished mandates under Dodd-Frank, could significantly increase the regulatory drag on our economy.
And that's only the beginning!
EPA’s to-do list also includes a new rule that would increase energy costs by up to $4.5 billion. The rule targets equipment used by power plants to draw in water to prevent over-heating, a process that, according to Portman, is not harmful to human health or water quality. EPA’s own original estimate said that this rule would cost one dollar for every three cents saved.
Gotta save........FISH!! That's it!!! FISH!!! God only knows we're running out of them!!
...Department of Transportation is poised to issue a rule that will increase the costs of new cars and trucks by mandating expensive new technology. This rule would require that all cars and trucks be equipped with a rear-view camera and video display on the dashboard. Currently, this technology is available to consumers who desire it, and Portman says that 40 percent of new cars have it.
That will be around $300.00/copy.
8 comments:
Where's that little fuckwit Josh Strupp to tell us that regulations don't cost anything?
Actually according the the New York Times the cost will be about $200 and is already standard equipment on 45% of the current year's model. It is estimated the feature will save about 110 lives each year. And somebody's got to make them, so more jobs.
BTW, the rule is being issued as required by a law signed by George W. Bush in 2008.
Jim is taking Joshes place today, and look, he is quoting his favorite liberal rag, The Hells Bible!
Fresh Distortions From The Left?
Smells like more DNC shit to me.
No, it's not "standard" equipment. I happen to be very knowledgeable about this: you want it, you PAY for it as an option.
And "saving 110 lives" is--as usual--a guess.
the rule is being issued as required by a law signed by George W. Bush
Wrong decision by Bush (one of MANY), and "regulation" is not the same as "law."
I know that's over your head....
I know that's over your head....
Actually not over my head. Too complex for you to understand. Law says 1) cars and trucks will be equipped with rear view cameras by given date and 2) DOT will create specific rules by which this LAW will be carried out by given date. You know, like camera field of vision, size of dash display, allowable time lag for image to appear, placement of dash display, etc.
I know that's over your head....
Name the law, dipshit.
The "Cameron Gulbransen Kids Transportation Safety Act of 2007" [H.R. 1216], dick.
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