No wonder we're poor, read on:
Our friends at the Competitive Enterprise Institute have released the 2015 edition of "10,000 Commandments (link is external)" and, sure enough, federal regulations are getting more extensive, and more expensive, with every passing year. We contacted the report's author, CEI's vice president for policy Clyde Wayne Crews, and he told us:
The federal governments reach extends well beyond Washingtons taxes, deficits, and borrowing. Federal environmental, safety and health, and economic regulations affect the economy by hundreds of billions of dollars annually. Regulatory compliance costs borne by businesses will find their way into the prices that consumers pay, affect the wages workers earn, and lead to lower levels of growth and prosperity.
Policymakers and regulators fail to recognize that, while businesses want to create jobs, that goodwill doesnt change the reality that more jobs mean more costs. If businesses are burdened by unpredictable regulations coming their way, it is not surprising that they dont expand.
Among the outrageous highlights you can find inside "10,000 Commandments":
Federal regulation and intervention cost American consumers and businesses an estimated $1.88 trillion in 2014 in lost economic productivity and higher prices.
If U.S. federal regulation was a country, it would be the worlds 10th largest economy, ranking behind Russia and ahead of India.
Economy-wide regulatory costs amount to an average of $14,976 per household around 29 percent of an average family budget of $51,100. Although not paid directly by individuals, this cost of regulation exceeds the amount an average family spends on health care, food and t***sportation.
The Unconstitutionality Index is the ratio of regulations issued by unelected agency officials compared to legislation enacted by Congress in a given year. In 2014, agencies issued 16 new regulations for every lawthats 3,554 new regulations compared to 224 new laws.
Chameleon12 wrote:
No wonder we're poor, read on:
Our friends at the Competitive Enterprise Institute have released the 2015 edition of "10,000 Commandments (link is external)" and, sure enough, federal regulations are getting more extensive, and more expensive, with every passing year. We contacted the report's author, CEI's vice president for policy Clyde Wayne Crews, and he told us:
The federal governments reach extends well beyond Washingtons taxes, deficits, and borrowing. Federal environmental, safety and health, and economic regulations affect the economy by hundreds of billions of dollars annually. Regulatory compliance costs borne by businesses will find their way into the prices that consumers pay, affect the wages workers earn, and lead to lower levels of growth and prosperity.
Policymakers and regulators fail to recognize that, while businesses want to create jobs, that goodwill doesnt change the reality that more jobs mean more costs. If businesses are burdened by unpredictable regulations coming their way, it is not surprising that they dont expand.
Among the outrageous highlights you can find inside "10,000 Commandments":
Federal regulation and intervention cost American consumers and businesses an estimated $1.88 trillion in 2014 in lost economic productivity and higher prices.
If U.S. federal regulation was a country, it would be the worlds 10th largest economy, ranking behind Russia and ahead of India.
Economy-wide regulatory costs amount to an average of $14,976 per household around 29 percent of an average family budget of $51,100. Although not paid directly by individuals, this cost of regulation exceeds the amount an average family spends on health care, food and t***sportation.
The Unconstitutionality Index is the ratio of regulations issued by unelected agency officials compared to legislation enacted by Congress in a given year. In 2014, agencies issued 16 new regulations for every lawthats 3,554 new regulations compared to 224 new laws.
No wonder we're poor, read on: br Our friends at t... (
show quote)
And we thought we had the freedom to do as we wished. No, we are subjects of the government. It is now much more oppressive than the regulations and taxes that caused the Boston Tea Party and the "progressives" want to come up with more regulations to make us not just subjects but s***es.
The capacity to generate new laws has gone v***l. And like all v***ses it will grow exponentially until the host dies. Sort of a cancer that eats the wealth until nothing is left of any value.
Chameleon12 wrote:
No wonder we're poor, read on:
Our friends at the Competitive Enterprise Institute have released the 2015 edition of "10,000 Commandments (link is external)" and, sure enough, federal regulations are getting more extensive, and more expensive, with every passing year. We contacted the report's author, CEI's vice president for policy Clyde Wayne Crews, and he told us:
The federal governments reach extends well beyond Washingtons taxes, deficits, and borrowing. Federal environmental, safety and health, and economic regulations affect the economy by hundreds of billions of dollars annually. Regulatory compliance costs borne by businesses will find their way into the prices that consumers pay, affect the wages workers earn, and lead to lower levels of growth and prosperity.
Policymakers and regulators fail to recognize that, while businesses want to create jobs, that goodwill doesnt change the reality that more jobs mean more costs. If businesses are burdened by unpredictable regulations coming their way, it is not surprising that they dont expand.
Among the outrageous highlights you can find inside "10,000 Commandments":
Federal regulation and intervention cost American consumers and businesses an estimated $1.88 trillion in 2014 in lost economic productivity and higher prices.
If U.S. federal regulation was a country, it would be the worlds 10th largest economy, ranking behind Russia and ahead of India.
Economy-wide regulatory costs amount to an average of $14,976 per household around 29 percent of an average family budget of $51,100. Although not paid directly by individuals, this cost of regulation exceeds the amount an average family spends on health care, food and t***sportation.
The Unconstitutionality Index is the ratio of regulations issued by unelected agency officials compared to legislation enacted by Congress in a given year. In 2014, agencies issued 16 new regulations for every lawthats 3,554 new regulations compared to 224 new laws.
No wonder we're poor, read on: br Our friends at t... (
show quote)
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