Short-term government built short-term capitalism: John Allison
USA Today highlights Wayne Crews's calculated costs of federal regulations from his annual report.
Not to be outdone, President Obama has overseen the issuance of over 600 major rules, with a total economic cost of roughly $743 billion — and dozens more are still in the works. The Competitive Enterprise Institute estimates that federal regulations now cost the economy nearly $1.9 trillion, a staggering sum equivalent to roughly a 10th of America’s economic output.
Read the full article at USA Today.