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Senator Pat Toomey (R-PA) on Gov't Regulation and the Economy.



08.13.2011 - In the Weekly Republican Address, freshman Pennsylvania Senator Pat Toomey discusses job-killing government regulations implemented by the Obama administration and how they hinder economic growth.


08/13/2011 - Senator Pat Toomey (R-PA) Delivers on Gov't Regulation and the Economy.

Sen. Toomey says, "Every day, small business owners, job creators and entrepreneurs are bombarded with new regulations and higher costs, discouraging these employers from expanding their businesses and hiring additional workers. This is what I hear when I travel across my home state of Pennsylvania. Whether I am touring a manufacturing plant, talking to dairy farmers or energy producers, visiting a trucking company, or meeting with medical device makers, the message I hear is the same: The crushing burden of federal regulations is making it increasingly difficult for them to grow their new businesses, hire new workers, and in some cases, just keep their doors open....

And, the number of regulations has only increased since President Obama came into office. The Federal Register, containing all federal regulations, now totals a whopping 49,000 pages, covering everything from paint, to dust, cement, to cars, medicine and livestock. With so many burdens and the threat of new obstacles in the future, it's not hard to understand why job creators are leery of assuming the risk and costs that come with starting a new business or expanding an existing company. As a former small business owner who ran several restaurants with my brothers, I can attest to the burden these regulations impose on our job creators."

"Despite all these obstacles," Sen. Toomey says, "I remain very optimistic about our future. Americans are still the hardest working, most industrious, and innovative, most entrepreneurial people in the world. And if we just let them, they'll build more factories, start more businesses, hire more workers, produce more goods, and create more inventions. But first, government has to get out of the way.

"Course, we need some regulations to keep us safe, but these regulations must be enacted in a thoughtful manner and with a careful consideration to the impact they have on jobs. First, we should start by eliminating some of the most harmful regulations already on the books, including the president's health care bill with its maze of new costly rules."

He concludes, "You know, I have every confidence that the 21st century can be another great American century. And I know we can have a booming economy. But to get there, we have to remember the source of our national strength. Our strength doesn't come from a bigger government controlling our economy. It comes from a free enterprise system and the hard-working, honest citizens who make it run—the kind of industrious folks I see every day in Pennsylvania. When government lets these folks grow their businesses and work hard without putting obstacles in their way, that's when we'll achieve the flourishing recovery and the job creation that our country needs and deserves."   - Infos and Video by GOP.gov  -
gop.gov

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