Do we live in a democracy, or a regulatory dictatorship?
What it shows is that the COUNTRY IS INCREASINGLY BEING RULED NOT BY ELECTED REPRESENTATIVES, BUT BY UNELECTED AND LARGELY UNACCOUNTABLE BUREAUCRATS IN WASHINGTON.
Just look at the balance between regulations and laws. FOR EVERY BILL PASSED THROUGH CONGRESS AND SIGNED BY THE PRESIDENT LAST YEAR, REGULATORS IMPOSED 30 NEW REGULATIONS.
And at $1.885 TRILLION, the COST of REGULATIONS NOW EXCEEDS THE COST OF FEDERAL INDIVIDUAL AND CORPORATE INCOME TAXES, WHICH RAISED ABOUT $1.82 TRILLION LAST YEAR.
The PROBLEM is that THESE COSTS NEVER SHOW UP IN ANY FEDERAL BUDGET as a COST of GOVERNMENT.
THEY JUST GET HIDDEN in HIGHER PRICES, LOWER TAKE HOME PAY, MORE UNEMPLOYMENT, LESS OPPORTUNITY.
A RETURN to FREEDOM, GROWTH and OPPORTUNITY WILL REQUIRE WASHINGTON to REIN in the RUNAWAY REGULATORY STATE.