Costs and Benefits of Regulations

Description

In the first video clip, Todd Gaziano from the Pacific Legal Fund responded to Donald Trump's statement about the costs of overregulation. Both Gaziano and Trump discussed issues with bureaucratic regulations. In the second video clip, Robert Weissman from Public Citizen talked about the benefits of regulations for individual citizens. He addressed an article from the Washington Times about the economic costs of regulations.

Bell Ringer Assignment

Explain the arguments that President Trump makes against regulation?
What arguments does Todd Gaziano makes regarding regulation?
According to Mr. Weissman, what are some of examples of problems with too little regulation?
What argument does the Washington Times make about regulations?
According to Mr. Weissman, how do the economic costs and benefits of regulation compare to each other?

Additional Resources

Bell Ringer: The Use of Executive Orders and Regulation to Enact Policy
Former Representative Chris Gibson (R-NY) talked about the reliance on executive orders and regulation to enact policy instead of passing legislation. He discussed how the reduction of legislation has added to the polarization of the country.
Bell Ringer: The Role of the Environmental Protection Agency (EPA)
The Environmental Protection Agency (EPA) was created by Richard Nixon in 1970. It oversees the environment by enforcing regulations passed by Congress. The agency conducts research and it has responsibility for enforcing national environmental standards. This Bell Ringer includes two clips of EPA Administrator Scott Pruitt's confirmation hearing in the U.S. Senate. The first clip includes an overview of the EPA by Senator Tom Carper from Delaware and the second clip includes Scott Pruitt's opening statement to the committee.