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Posted
  On 10/2/2014 at 8:12 PM, VolT said:

How can something this inefficient last for so long.

 

The problem you see is that they just don't have enough money or power. If we give just a little bit more of each, all of our wildest dreams will come true. /sarcasm

 

I think we need to come up with a different word for coercive regulations. I think the reason they use the word regulation is to sound beneficial.

Posted
  On 10/2/2014 at 9:22 PM, dsayers said:

I think we need to come up with a different word for coercive regulations. I think the reason they use the word regulation is to sound beneficial.

From Wikipedia: Red tape is an idiom that refers to excessive regulation or rigid conformity to formal rules that is considered redundant or bureaucratic and hinders or prevents action or decision-making. It is usually applied to governments, corporations, and other large organizations.

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Posted

Cost of Federal Regulation Reached $1.88 Trillion in 2014

 

  Quote

“Federal regulation and intervention cost American consumers and businesses an estimated $1.88 trillion in 2014 in lost economic productivity and higher prices,” amounting to roughly $15,000 per household, the report said.

 

. . .

 

Regulations hit small businesses the hardest, averaging $11,724 per employee for firms that employ fewer than 50 people in 2012. The overall cost per employee for all companies comes to $9,991.

 

With that kind of drag, it's hardly surprising that the economy is going nowhere fast.

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