OAKLAND, California — The regulatory burden on business — much of it unwarranted — has been increasing for decades.
One way to help restore America’s once robust competitive edge is to clean out the executive branch’s Augean stables from which heavy-handed regulations issue nearly every day.
Complying with regulations now costs individuals and businesses, both large and small, about $4 trillion every year, according to economists at George Mason University’s Mercatus Center. That’s about $13,000 per person.
