Over regulation hurts economic growth

by YankeeJim | January 18, 2011 at 01:17 pm
183 views | 0 Recommendations | 1 comment

That may be true, but let’s get specific about what and where. Generalizations don’t help. Regulations may be streamlined. Most regulations do not come into being without their being a good reason. Americans see how difficult it is to get laws. All laws cost money to comply. What do manufacturers want to remove and what are the consequences to the environment?

I am sure that some people in Pennsylvania and West Virginia would like us to “burn baby burn” that coal. But, we would be killing ourselves in the process. So, get specific.

“NAM: Gov't Regs Have Hurt Economic Growth

Manufacturing.Net - January 18, 2011

WASHINGTON, D.C. -- National Association of Manufacturers (NAM) Senior Vice President for Government Relations and Policy Aric Newhouse issued the following statement today regarding President Obama’s executive order to review federal regulations harming economic growth:

“Manufacturers appreciate President Obama‘s call for a government-wide review of regulations and rules.  Manufacturers have been saying for some time that overregulation is harming job creation and stifling economic growth.

This is an opportunity for the President to demonstrate results by eliminating unnecessary regulations already in the pipeline or delaying poorly thought-out proposals that are costing jobs. For example, the Environmental Protection Agency’s (EPA) proposals -- from regulating greenhouse gases to the Boiler MACT rule -- are a real threat to America’s job creators. We stand ready to assist in the President’s efforts to address an escalating problem and meaningfully reduce unnecessary burdens on manufacturers in America so they can get back to creating jobs.””

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Manufacturers Position on Climate Change Issues ShareThis Print Summary

Manufacturers believe America can and should work toward a reasonable, economically viable solution on climate change issues. Environmental issues are also an area of focus for U.S. manufacturers. No other sector of the economy has made more investments in innovative solutions to advance renewable and alternative energy and greenhouse gas emissions (GHGs) reduction technology.

Manufacturers support a thorough and transparent process for establishing federal climate change policies that reduce emissions while supporting economic growth and competitiveness. We want legislation that preempts regulatory efforts, state laws, regional programs and related litigation. We support climate change policies that remove market barriers to achieving energy efficiency and emissions reduction at a net economic gain. And we advocate for the creation of a robust emissions inventory and GHG reduction reporting system.

At the same time, United States manufacturers are concerned about climate change legislation that does not promote global participation and creates a multitude of conflicting regulations. Any proposals that would impose massive burdens on business and cause an increase in energy prices will hurt the economy and cost American jobs. The NAM is your best source for information on climate change legislation, federal regulations, and manufacturing environmental issues. We also provide regulatory comments, testimony and letters to the Administration, Congress and the EPA. The NAM provides coalition information, press releases, studies and reports relevant to the topic of manufacturing and climate change.

Official Policy Position

The NAM understands the fundamental importance of protecting the environment. Our member companies are committed to greater environmental sustainability, including energy efficiency and conservation and reducing GHG emissions associated with global climate change. We know we cannot solve the climate change issue alone.

Click Here for the NAM's Complete Official Policy Position on Climate Change"

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