The excellent J.E. Dyer: most new jobs – about 70% — have always been created by small businesses in America, and those small businesses are being steamrolled by regulation. Regulation is having a serious impact even on big business,
and all its costs are passed on to the customer. “Business” doesn’t
pay for anything; you pay for it all. If you don’t, the business isn’t
viable, and you don’t have those big, clean grocery stores with
thousands of products, or gas stations charging competitive prices on
every corner. Either you pay all the costs of regulation, or the
product isn’t available.
And this: We get used to regulation. It deters new hires, it puts small firms out
of business, it makes everything cost more for us and reduces all our
options and opportunities – but it operates by stealth, and most of us
don’t even know it’s affecting us.
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