Excessive Regulations Mean “Higher Prices” For Families, Leave Job Creators “No Money for New Hires”

Rep. Peter Roskam (R-IL) recently visited several job creators in his Chicago-area district to discuss the impact of new Obama Administration rules and restrictions. In an op-ed today, Roskam says excessive regulations, imposed by unelected bureaucrats in Washington, mean “fewer jobs and higher prices” for American families.

For example, Roskam visited Sara Lee CEO Christopher J. Fraleigh. According to Fraleigh, new federal regulations will restrict his company’s ability to advertise food products like hot dogs, turkey meat, and even chocolate Easter bunnies. While done “in the name of fighting childhood obesity,” Roskam says “[t]he regulation of hot dog advertisements at baseball games won’t create a single job. In fact, it would hurt Illinois jobs and families cost of living.”

Other local businesses agreed. The Chicago Sun-Times reports that Roskam stopped at “White Metal Casting in Bensenville, where the CEO said new air quality regulations would leave him no money for new hires.” He also visited “the Federal Signal Corp. in Oak Brook, where the CEO said new regulations requiring the company to use different engines would be cost-prohibitive.”

And while the “stimulus” failed to keep the unemployment rate below 8 percent as promised, the White House wants more of the same: more spending, higher taxes, and more regulations.

In fact, the Obama Administration has 4,257 new regulatory actions in the works, at least 219 of which have an estimated economic impact of $100 million or more (a nearly 15 percent increase over last year). Seven of them alone could cost more than $100 billion. These regulations mean big costs for small businesses – and that means fewer jobs and higher prices for families, as Rep. Roskam argued.

Speaker Boehner said yesterday that “with our economy struggling to create jobs, it’s misguided for the federal government to be imposing so many new rules with such enormous costs, even when some of those rules may be well-intentioned.” The Republican Plan for America’s Job Creators is focused on removing the barriers and restrictions holding back private-sector job growth. Read more about it at Jobs.GOP.Gov.

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Steven Foley had written 1087 articles for The Minority Report Blog

A former U.S.Marine, he is the Creator of The Minority Report Network. He is also the Founder and Managing Editor of the Network’s flagship site, www.theminorityreportblog.com, Former Director of New Media for Liberty.com, Former Director of New Media for Liberty First PAC, and the Former Chief Managing Editor of 73Wire.com. Steve is a well respected national conservative blogger who’s dedicated the past several years of his life advancing conservatism online. Recently Steve was instrumental in the development of Liberty.com, Liberty First PAC, The Patriot Caucus, the national campaign trail and grassroots news site73wire.com.

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