Believing in activist government means your work is never finished. You pass a new law that you think combats injustice and inefficiency. Then human nature kicks in and, with great disapprobation, you discover that injustice and inefficiency still exist. So you pass another law, then another. And with no Mitt Romney there to stop you, the Circle of Regulatory Life continues.
With Barack Obama back in power, all the laws and rules from his first term will stand. But regulations aren't just text; they have very real (and often unintended) consequences.
How will the president's societal tinkering affect our lives over the next four years? From the shocking to the quirky to the bizarre, here are some of the things you might have missed:
More expensive cars
The president's new rule on vehicle emissions standards requires automakers to increase their fleet averages to 35.5 miles per gallon by 2016 and a whopping 54.5 miles per gallon by 2025. The National Automobile Dealers Association calculates that this will drive up the price of the average car or light truck by $3,000. Seven million potential consumers will pass on buying a vehicle thanks to the added cost. Read more...