Overregulation

Americans are suffering under the crushing burden of overregulation. Businesses are being strangled by red tape and individuals face vast and growing limitations on personal freedom in nearly every aspect of their lives. Such overregulation limits our freedom and encourages individuals and businesses to circumvent or even alter regulation to their advantage. As rules are drafted, more efforts are put into lobbying Congress and regulatory agencies to tailor rules to special interest groups leaving many more with additional burdens or simply out of the market altogether. Even more frustrating, studies show many of these regulations are ineffective and fail to deliver the benefits they were implemented to produce. Policymakers should exam both new and existing regulations to ensure that each is necessary, beneficial to the marketplace, cost-efficient and beneficial to people’s lives.

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