Business owners are warning Americans about what a second term for President Obama will mean for the economy. It won’t be pretty. That’s why the administration has been hiding from the American people the impact of the regulatory burdens it’s imposing on the economy.
The Obama administration has missed its second straight legal deadline for disclosing its regulatory plans and their economic impact to Congress and the American public. No previous administration has ever failed to produce the report even once.
The National Federation of Independent Businesses (NFIB), a 350,000 member trade group expressed concern, warning of the dangers of the Obama administration’s “lack of transparency” and failure to comply with a law requiring it to disclose its plans to burden them with 4,100 new regulations.
NFIB’s Manager, Regulatory Policy Dan Bosch tells the “Right Views”:
“It is concerning that the Obama administration has failed to produce its regulatory plan as required. We know from its previous plan in January that there are more than 4,100 regulations in the pipeline.
“Failing to publish a plan adds considerable uncertainty to small business owners worried that this lack of transparency could indicate significantly more regulations are poised to follow in the months and years ahead.”
Sen. James Inhofe (R-Okla.) also blasted the president for refusing to produce the legally required regulatory agenda – suggesting the delay is an election ploy:
Read the whole thing. A second Obama term would be a disaster.