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REGULATORY BURDEN - WAYNE CREWS & RYAN YOUNG
In this election, voters are paying more attention than usual to the broader issue of the size and role of government. Interestingly, a growing segment of the public seems to believe that government is too big and tries to do too much. And one of the biggest vehicles for government growth is regulation. On Wednesday, President Barack Obama and Republican candidate Mitt Romney would do well to acknowledge that fact with a bit more than the usual lip service. Regulation is a hidden tax with a trajectory pointing sharply upward. Rules flowing from energy efficiency mandates, the Dodd-Frank financial law, and the Affordable Care Act are putting ever-increasing burdens on business’ backs and consumers’ wallets.