Barack Obama has set a number of records during his presidency. Historically high rates of poverty and government dependence, the slowest economic recovery since 1950, deteriorating race relations to where they were during the L.A. race riots, skyrocketing healthcare costs, and many others.
His latest? Before a businessman takes office, Obama is setting a new record in the regulatory sphere.
The Obama administration set a new record Thursday by producing 527 pages worth of new rules and regulations in a single day, bringing the president’s Federal Register up to 81,640 total pages for 2016, the most ever.
Obama broke his previous 2010 record of 81,405 pages worth of rules and regulations published by the Register, the in-house journal, according to the Competitive Enterprise Institute.
With 26 working days still left in the year, Obama outdid his prior record by 235 pages, the Washington Examiner reported.
Like taxes, regulations impose a cost in businesses (even if it is an indirect cost). As of April 2016, the Mercatus Center pegged the cost at $4 trillion annually, though even that apparently isn’t enough for Obama.
Thank God it’s only months until we have a President that will set records we can be proud of.
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