Jobs, Wages, and Growth Destroyed: 229 Major Obama Regulations Cost $108 Billion

Jobs, Wages, and Growth Destroyed: 229 Major Obama Regulations Cost $108 Billion

Craig Huey Economics, Free Markets 1 Comment

When I was on Fox News a few weeks ago, the host asked: “What’s the #1 problem small businesses face in creating new jobs, raising wages, and enjoying economic growth?”

My answer: “The job-killing regulations.”

In 2015, 43 of Obama’s latest major regulations rolled out, which cost $22 billion.

Since the president came into office, 229 new regulations have imposed incredible financial burdens on our economy.

They cost us an estimated $108 billion a year!

It will only get worse.

Before Obama leaves office, his administration has prepared 144 more new regulations.

These intrusions into the economy cost businesses, hurt families, and limit economic freedom.

The United States is losing more freedom and becoming more socialist.

For nine years straight, the Heritage Foundation has downgraded the economic freedom ranking of the United States.

How much further will we have to go before the voters demand more liberty and better opportunity—which means less government?

Let me know what you think. Email me at craig@craighuey.com

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