Unparalleled increase in regulatory burdens spells a decline in economic freedom and individual liberty, with a concomitant increase in political gamesmanship and cronyism
One of the more disturbing trends in government expansion over the last 30 years has been the collection of laws, regulations and binding court decisions that make up the 'nanny state.' These laws and regulations represent government at its most arrogant.
The tide of red tape that threatens to drown US consumers and businesses surged yet again in 2015. More than $22 billion per year in new regulatory costs were imposed on Americans last year, pushing the total burden for the Obama presidency to exceed $100 billion annually. (1)