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Federal Red Tape Costs 780,000 Jobs

~ The Rebel ~ 2012/06/18 03:27:10

Federal regulatory officials imposed 3,807 new rules in 2011, an average of
15 each business day, filling 81,247 pages in last year's Federal Register.


Unemployment in the private sector remains unacceptably high, but business is
booming in Washington when it comes to jobs in the government's regulatory
"industry." Functionaries are busily enforcing the 169,301-page U.S. Code of
Federal Regulations, observes Deroy Murdock, a media fellow with the Hoover
Institution on War, Revolution and Peace at Stanford University.


Non-Pentagon executive-branch civilian employment dipped 11.5 percent under
President Bill Clinton, but spiked 14.4 percent under President George W. Bush
and another 5.5 percent under President Obama from 2008 to 2010, rising from
1.28 million employees to 1.36 million.


While not all of these workers are engaged in regulation, 291,676 of them
are, up 17 percent under Obama.

Read More: http://www.newsmax.com/InsiderReport/Cory-Booker-D...

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