The Obama administration has posted 6,125 new rules, regulations and guidelines on their website in the last 90 days. In addition, as of last July, lawyers had added 13,000 pages of regulations to Obamacare.
Only a handful of the 400 new agencies needed to implement Obamacare have been created so far. None of them have been funded.
Liberal pundits nonchalantly say it’s not inconceivable that 100,000 new rules could be added to Obamacare before it’s fully enacted.
Conservatives claim all these new rules suck $1.7 trillion out of the economy and waste it in mindless red tape and paperwork. That is, it will cost private industry $170 billion to comply with these new regulations and 20,000 people will work full time just coping with red tape.
All that $85 billion in revenue from raising taxes on top wage earners has already been spent in a tsunami of new regulations.
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