As a general rule, the main incentive faced by regulatory agencies is
to produce more and more regulations. They have no incentives to even
make sure that these regulations are needed, appropriately addressing a
problem, or not causing more harm than good. The result is more and more
regulations. How much more? Over at the Competitive Enterprise
Institute’s blog, Ryan Young
gives a list of 66 new regulations produced in a week:
It was a short work week because of the Veterans Day holiday, but agencies still added nearly 1,700 pages to the 2013
Federal Register, which is on track to be the fifth-largest ever despite a two-week shutdown.
On to the data:
- Last week, 66 new final regulations were published in the Federal Register. There were 78 new final rules the previous week.
- That’s the equivalent of a new regulation every two hours and 33 minutes.
- All in all, 3,186 final rules have been published in the Federal Register this year.
READ MORE:
http://www.nationalreview.com/corner/364215/why-do-we-have-excess-regulation-and-can-we-get-rid-it-veronique-de-rugy
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