The Sweet Gig of Being a Bureaucrat

The Wall Street Journal cites CEI's study on the costs of regulation.

Yet Washington’s success has no doubt contributed to America’s troubles. The Competitive Enterprise Institute estimates that last year the ever-growing regulatory burden cost $1.88 trillion. This translates into about $15,000 a household. No one is spared from these hidden taxes, which lead to higher prices on everyday goods, fewer jobs, slower growth and more.

Read the full article at the Wall Street Journal.