http://www.sba.gov/advo/research/rs371.pdf
The cost per employee of all Federal regulation is over $8,000 per employee. That leaves me speechless when you consider that is pretax. Now I know why virtually everthing I own has "made in China" on it!
I think we need to start doing cost benefit on federal regulations. when we install a new regulation - what does it cost in $ and what does it return? Remember - regulations and federal bureaucracy's never go away once we create them - therefore, we need to be a lot more careful.
ReplyDeleteThat has always been the problem with our federal government. They never do a cost benefit analysis to any policy they pass. It is easy to see that they don’t care about saving the tax payer money but rather spend, spend, spend. They are like fat kids in a candy store chasing after the flavor of the day, and the tax payers have to support their obesity.
ReplyDelete