Well isn’t this just the cutest: “Thanks to the “free trade fetishists”, our manufacturing industry is all but gone“…
Hmmm, is this yet another case MSM kool-aid drinker just parrotting the fairy tales?
Off shore manufacturing couldn’t possibly be the result of excessive government regulation, could it?
Note the following:
Government is costing us more than the taxes we see,
because it’s difficult to see the extra cost of complying with government regulations.
Complying with government regulations consumes $1.4 Trillion
($1,028 billion federal mandates, $343 billion state & local government mandates)
- 14.9% of the economy – $4,680 per man, woman and child -
- adding this regulation cost to $13,568 government spending per person
equates to $18,248 per person of government impact -
AND – compliance costs small business more per employee than big business -
AND – this does not count compliance cost impacts of the Patriot Act and Sarbanes-Oxley regulations
- federal expenditures on regulatory activity increased 2.7 times faster than economic growth since 1960 -
- at 14% per year compounded -
(http://mwhodges.home.att.net/regulation.htm)
