|
Red Tape Does Not Drive Economic Growth
Posted by
Randy
|
June 22, 2012
Government spending on regulatory activities has increased so dramatically that it is growing at a rate that has completely overtaken GDP growth.
The above chart makes it clear; federal regulations stifle growth and creativity. The burdensome cost of regulations disincentivizes prospective owners from opening small businesses. Our economy is suffering because of overspending on regulations, and it is clear that the cost far outweighs the benefit.
Users are solely responsible for the opinions they post here and their comments do not necessarily reflect the views of Congressman Forbes.
Post a Comment
We encourage you to analyze and comment on the posts featured on this blog, but please understand that comments which include campaign content, engage in personal attacks, or include vulgar, profane, obscene, or inappropriate language will be removed from the site. Please note that there may be a brief delay in the publication of your comment.
|
SEARCH BLOGRECENT POSTS05/23/2013 - Question of the week: Do you believe the scope of the subpoenas strikes the proper balance between the freedom of the press and the need to protect the American people?05/20/2013 - GSA shorts small business by over $3 million 05/20/2013 - Time to Admit China is a Military Competitor 05/17/2013 - Question of the week: Do you believe the Prevent IRS Overreach Act is a necessary step in ensuring protection for the American people? 05/16/2013 - The Unaffordable Care Act 05/15/2013 - Questioning Eric Holder on Benghazi, IRS, and Fast and Furious ARCHIVESBy YearBy Issue
|