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Cost of excessive regulations is what!?

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  • Cost of excessive regulations is what!?

    Excessive regulations imposed by our governments exact a cost that our economy must bear without any net benefit to us. What is the size of the cost? Would you believe 2 trillion dollars? Or, about $15K per household. I don't know how estimates like those were made, and I just don't have the statistics to hand that I need to estimate from. Maybe you know something . . .
    The greater number of laws . . . , the more thieves . . . there will be. ---- Lao-Tzu

    [T]he truth I’m after and the truth never harmed anyone. What harms us is to persist in self-deceit and ignorance -— Marcus Aurelius, Meditations

  • #2
    I know that, when I was with the Gas Compression company, we were growing fast, but when we got to 48 employees, we tried everything we could to keep from hiring employee number 50.

    Upon employing the 50th employee, all kinds of rules and regs kicked in that caused us to hire an ADDITIONAL 7 people for reporting, compliance, and other positions. We liked it a whole lot better when we could just concentrate on BUSINESS instead of busiwork.
    The first to state his case seems right until another comes and cross-examines him.

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