Regulatory Case Studies
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Case #1: To Regulate or Not to Regulate, That is the QuestionEconomists, entrepreneurs, and ordinary citizens all understand that balancing regulation with the need for economic growth is essential to ensuring quality of life for Americans. But excessively costly regulations are harming the economy and inhibiting job creation. |
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Case #2: Want Wind Power? Regulations Don’t.Investors want to build energy projects that would grow our economy and create jobs. But costly regulatory threats are preventing them from investing.
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Case #3: A Government-Made Regulatory CrunchSensible regulation and greater transparency in financial markets make sense, but hurrying the process to meet a political deadline can lead to unintended consequences that sideline capital and choke off economic growth.
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Case #4: When Regulations Boom, Small Businesses Go BustWhile small businesses across the country are struggling, federal agency staffs, which often have little or no experience running a private sector enterprise, are pursuing an aggressive regulatory agenda.
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Case #5: The Greenhouse Gas Power GrabLegislation by regulation has no place in a democracy that values accountability and transparency —there have to be checks and balances. Consider the EPA’s unilateral decision to regulate carbon dioxide emissions under the Clean Air Act a move Rep. John Dingell, the longest-serving Democrat in the House of Representatives and an architect of the Clean Air Act, called a “glorious mess.”
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Case #6: The Health Care HangoverTo implement the new health care law, the Departments of Labor, Treasury, and Health and Human Services are creating a confusing and unpredictable labyrinth of regulations that will make it difficult for our economy to grow and prosper. |
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Case #7: Fixing What’s BrokenRegulatory reform must be a part of growing the economy and creating jobs again. It’s time to fix what’s broken by restoring badly needed balance, restraint, and common sense to the process. To understand how important regulatory reform is to our economy, consider a recent study by the Phoenix Center, which found that a five percent reduction in the federal regulatory budget (about $2.8 billion) would result in an increase of 1.2 million jobs and about $75 billion in expanded private-sector GDP each year. |