More Attacks On the Private Sector

SEE HERE Let's get this straight. There are only two possibilities when the government increases the regulatory load: 1) the regulated business becomes unprofitable and goes out of business. This is especially a vulnerability of small businesses that operate on thin margins, or 2) the cost of regulation is passed through to the consumer in the form of higher prices. Unless there is an urgent reason for the regulation like a clear public safety issue, this is always a lose-lose proposition. The current administration seems to be focused on crushing the economy and they've made a very good start with runaway deficit increases (where is that money going exactly?), burdensome regulations and planned increases in taxation.

Ronald Reagan had it right: "Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."