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Wham! Regulations sock it to consumers


Socking it to the consumerConsumer prices will increase by more than $11,000  just from 36 of the Obama Administration’s regulations, reports the American Action Forum (AAF).

It’s a wallop to the jaw for everyday people. AAF’s research finds this includes higher-priced vehicles, pricier household goods, and more expensive food. “Energy-efficiency” standards are the biggest reason for higher prices.

Of course,  politicians and bureaucrats claim they’re saving us money. So ask yourself, Have YOU saved $11,000 thanks to federal regulations?

THE GIMMICKS:

Typically, agencies speculate that IF buyers keep using the mandated energy-saving products for long enough, they eventually will have a net gain. That’s IF things don’t wear out (or a light bulb doesn’t burn out).

As The New York Times researched and reported in 2012 about automobiles, projections of fuel savings often presume that consumers will keep their cars twice as long as is normal. Plus their study presumed gasoline would cost almost $4.00 a gallon. Projected “savings” also are not offset against interest paid on loans to buy more-expensive products, nor the extra repair charges to make old things last longer.  Continue reading Wham! Regulations sock it to consumers →