Geee Posted November 24, 2016 Share Posted November 24, 2016 Heritage Foundation: This being the fourth Thursday of November, we turn our attention to the abundance on our tables and the blessings in our lives. (There is also no small number of folks who are deeply grateful for the end of election season.) Let us also give thanks that the Obama administration will soon cease, albeit leaving behind more than 21,000 regulations that President Barack Obama’s regulators issued, and which increased regulatory costs by more than $100 billion annually. The burden of this vast administrative state is crushing America’s entrepreneurial spirit, productivity, and economic growth. Independent estimates find that total regulatory costs are exceeding $2 trillion annually—more than is collected in income taxes each year. Indeed, there is virtually no aspect of our lives over which laws and ordinances do not reign. Even the Thanksgiving menu is laden with regulatory do’s and don’ts. Some may be justified as safeguarding public health and safety, but thousands of others are simply the meddling of an administrative state that is threatening to transform us into regulatory serfs. Link to comment Share on other sites More sharing options...
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