Washington Examiner highlights Wayne Crews's calculated cost of federal regulations.
One of the main reasons why the Obama economy has limped along, year after year, is the record amount of red tape issued from the massive and unaccountable bureaucratic state. Every day, an alphabet soup of federal agencies issues more mandates, rules and restrictions on businesses and entrepreneurs.
According to the Competitive Enterprise Institute, the regulatory burdens on the economy are now equal to nearly $2 trillion every year.
No wonder the economy refuses to take off: Entrepreneurs and consumers alike are being crushed under the weight of federal mandates.
Read the full article at Washington Examiner.