It was a light week on the regulatory front, but the Federal Register still added more than 1,200 pages. It will almost certainly pass the 70,000-page mark next week. On to the data:….To Read More…..
My Take - Please understand that no matter how high that number goes; that isn’t the total number of pages in the entire registry. That’s how many have been added this year. At the current rate of growth federal regulations will make up approximately 870,000 pages over the next ten years. There are two questions that must be asked. How much does this cost and is it possible to avoid violating one of these - many times obscure - regulations? The answer to the first is it costs Americans approximated 1.87 TRILLION dollars a year currently, and it is now impossible to avoid becoming a criminal of some sort via federal regulations. Solution? Repeal the 17th amendment….as a good first step. What’s the 17th amendment and why should it be repealed? This is a good intellectual exercise for everyone.