Wednesday, June 29, 2011

Hey!! Those Regs? They're GOOD For You!!!

The usual BS, with More of the Same, Piled Higher and Deeper.

Every dollar spent complying with federal regulations returned anywhere from $2.13 to $14.90 during the 2000s, according to a new report from the White House Office of Management and Budget (OMB).

...the OMB report is not a re-analysis of costs and benefits claimed by federal agencies or a retrospective analysis of actual costs and benefits. The report simply parrots and adds up what the hallucinatory agencies have previously claimed

And, of course, the BS part:

EPA benefits estimates are LOL-ably wild, if not entirely imaginary.

Pravda reports. You decide.

1 comment:

Beer, Bicycles and the VRWC said...

OK...a return of between $2.13 and $14.90? That span is so huge as to be nothing but a WAG.

These people unbelievable in their willingness to lie, cheat and steal their way to power.

Reprehensible, as are those who follow them.