|Obama Hopes to Enact Job Killer EPA Regulations|
|by Tom McGregor||Sat, Nov 3, 2012, 10:54 PM|
President Barack Obama plans "revenge" against the US economy if he's re-elected to the White House. He's hoping to enact new EPA regulations that would eliminate nearly a million American jobs annually.
According to Fox News, "President Obama will not comply with a federal law requiring him to release his regulatory agenda because he doesn't want American voters to know the 'terrible cost' it would have on the economy should he win re-election – include the loss of an estimated 887,000 jobs annually, says Sen. James Inhofe, ranking Republican on the Senate Committee on Environment and Public Works."
Sen Inhofe refers to the Regulatory Flexibility Act, which mandates federal agencies to assess the impact of their regulations on small businesses. He claims Obama failed to comply with the law twice over the past year, especially the April and October deadlines.
Fox News quotes Inhofe as saying that, "President Obama is refusing to comply with the law that requires him to publish forthcoming regulations because he doesn't want the American public to know the terrible cost of the regulatory barrage he plans to unleash in a second term. So instead of being honest with the American people about what’s in store if wins, he's been trying to hide the fact that he intends to move forward with a slew of rules that will destroy hundreds of thousands of jobs and dramatically raise the cost of energy on American families."
If Obama indeed gets re-elected expect a continued dismal job market along with higher electricity bills in American households.
To read the entire article from Fox News, link here:
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