Opinion: A remedy for overregulation – Each government agency should answer to a board of directors
If the 2016 presidential election has proved anything so far, it’s that millions of Americans know something is seriously wrong in Washington and they want it fixed. They’re right. The fact is that needless regulations, gross mismanagement and outright fraud have crippled our economy, stifled businesses and choked off job creation. The federal government collects $3.5 trillion in taxes and then forces us to pay another $2 trillion in regulation costs — and then another $1 trillion in waste and fraud. The gross domestic product has only averaged 1.7 percent annual growth over the last 15 years compared to 3.5 percent over the previous 50 years. That’s why the middle class has not had a raise in 15 years. Read the rest here 10:46
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