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These regulations long ago reached the point of being an actual threat to the nation\u2019s economic security. Now we can see just how much these regulatory agencies are pulling out of the economy thanks to a study done by the Mercatus Center<\/a> at George Mason University. The amount is massive. Here are some of the details from the Washington Free Beacon<\/a>:<\/p>\n The cost of U.S. regulations is now larger than Germany\u2019s economy, amounting to a $4 trillion loss to the American economy, according to a new study by the Mercatus Center at George Mason University. <\/b>The study<\/a>, released Tuesday, found that regulations over the past several decades amount to a loss of $13,000 for each American worker. <\/b><\/p>\n That amount should be horrifying to you. $4 trillion dollars is basically the Federal Budget.<\/p>\n \u201cThe impact of regulation on economic growth has been widely studied, but most research has focused on a narrow set of regulations, industries, or both,\u201d according to the report. \u201cThese studies typically rely on regulatory indexes that measure subsets of all regulation, on country-to-country comparisons, on short time spans, or on surveys in which experts report how regulated they believe their country or industry is. <\/b><\/p>\n \u201cIn order to better understand the cumulative cost of regulation, a comprehensive look at all regulations across many industries over a long period of time is imperative.\u201d <\/b><\/p>\n Researchers at Mercatus studied data from 22 industries from 1977 to 2012, finding regulations have distorted \u201cinvestments choices that lead to innovation\u201d and have \u201ccreated a considerable drag on the economy.\u201d The result: an average shrinking of the economy by 0.8 percent a year. <\/b><\/p>\n Personally, I think that 0.8 percent is probably a bit on the conservative side, but understandable when working on numbers like this. Consider just how bad things are today and where things might be if American business was not being crushed under the jackboots of the federal regulatory system.<\/p>\n \u201cIf regulations had been held constant at levels observed in 1980, the American economy would have been 25 percent larger than it was in 2012,\u201d the report said. \u201cThis amounts to a $4 trillion loss in 2012 for the American economy or $13,000 loss per person, a significant amount of money for most American workers.\u201d <\/b><\/p>\n Tell me about it. And I\u2019ll tell you something else. I don\u2019t think this study took into account the secondary effects to the economy. By that I mean people who don\u2019t have excess money can\u2019t go and splurge on something they really don\u2019t need, like a night out going to movies or a restaurant.<\/p>\n The cost of federal regulations amounts to the fourth-largest GDP in the world<\/a>, surpassing the economies of Germany, France, the United Kingdom, Brazil, Italy, Russia, and India. <\/b><\/p>\n Mercatus researchers Bentley Coffey, Patrick A. McLaughlin, and Pietro Peretto said they hope that their in-depth analysis will persuade lawmakers and federal agencies to think twice before implementing costly regulations.<\/b><\/p>\n You\u2019re joking right? They aren\u2019t paying any attention to the costs of the regulations now. Do you really think they will start because you have been nice enough to point out the issues?<\/p>\n \u201cWhile static analysis of individual regulations sometimes predicts beneficial effects for society, policymakers should consider the results of this study not only when creating new regulations, but also when considering reform of the regulatory process itself,\u201d the study said. <\/b><\/p>\n \u201cBy altering investment decisions and disrupting the innovation that comes from investment in knowledge creation, regulations have a cumulative and detrimental effect on economic growth\u2014and, over time, have a real impact on American families and workers.\u201d <\/b><\/p>\n And that impact can be summed up in several words, starting with job loss.<\/p>\n President Barack Obama is pushing thousands of new regulations through during his final year in office<\/a>, many that will cost industries more than $100 million. <\/b><\/p>\n Oh it\u2019s worse than that. Obama and his minions in the regulatory agencies are destroying entire industries and doing it with religious fervor. (See the Environmental Protection Agency) I think Donald Trump might go after some of these issues, and could make this a true issue in the election against Cankles Clinton. As a businessman, Trump has had to deal with these regulations and knows just how harmful they actually are.<\/p>\n Originally, the United States didn\u2019t have all that many regulations. As we grew as a nation, things cropped up from time to time that showed that some regulation had to be initiated. Now, we have long since crossed the point where regulating anything is actually beneficial. What we\u2019re seeing now is the use of regulations to impose the Progressive agenda on America.<\/p>\n The Progressive Liberal Fascist Democrats know they can\u2019t institute a command Soviet style economy by enacting laws through Congress. Any member of congress that actually pushed for these laws would be out on the street in the next election.<\/p>\n Instead, the PLFD\u2019s have moved into the various agencies and have instituted what could be called a \u201cRegulatory reign of terror.\u201d If someone makes a small paperwork mistake, at best they lose everything they have. At worst, they go to prison or end up being killed by a no knock raid on their homes that goes wrong.<\/p>\n Critical mass has been reached. Personally, I don\u2019t think there\u2019s anything Trump or Cruz can do to stop this. Clinton and the Democrats, on the other hand, not only don\u2019t want to stop it, they\u2019re going full tilt at increasing the reach of their pet agencies. Someone needs to send this study to Donald Trump as soon as possible so he can read it and start asking some very pointed questions.<\/p>\n Thatisall<\/p>\n ~The Angry Webmaster~<\/b><\/i><\/p>\n [yasr_visitor_votes size=”medium”]<\/p>\n","protected":false},"excerpt":{"rendered":" The answer is as simple as it is disgusting. The primary cause of our bad economy can be laid right at the feet of the United States Federal Government and the massive, all but totalitarian regulations they\u2019ve been promulgating over … Continue reading <\/a><\/p>\n<\/a><\/p>\n<\/a><\/p>\n<\/a><\/p>\n<\/a><\/p>\n<\/a><\/p>\n