Washington is teeing up for still another battle over increasing the debt limit in early 2014. It’d actually be a relief if the $17.13 trillion national debt were the end of big government. Costs of federal regulatory interventions approaching $2 trillion annually can be identified from Office of Management and Budget reviews and paperwork compliance, plus energy, environmental and economic mandates and more. Unfortunately it’s impossible to catalog all the costs that could be ascribed to compliance with federal requirements. There are still further unfathomed, unmeasured omissions that may be even more significant than that which we can loosely measure, especially when we ponder the polical, social and cultural costs of intervention......…… Marlo Lewis noted regarding recent high profile regulatory intervention that “the biggest hidden cost…is the damage to our constitutional system of separated powers and democratic accountability.” Our metrics simply cannot cope with this kind of cost. With the rise of the nanny state comes a loss of the right to disagree and go one’s own way, to elect to take risks. Benefits get invoked as if paternalism were a good thing. A major cost of growing government is the loss of our liberties. Yet, there are other kinds of costs.......To Read More...
- Rule 15 of the 45 stated goals of the Communist party. "Capture one or both of the political parties in the United States."
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