This speaks for itself.
Behold my display of the 2013 Federal Register: 80,000 pages of regulations: https://t.co/EPSsHiFOPr
— Mike Lee (@SenMikeLee) January 12, 2014
Those 80,000 pages translate into nearly 158 million new paperwork hours for Americans and our businesses — hours that could have been used productively, instead going to keeping government bureaucrats happy. The cost of all this: Nearly $500 billion in new costs forced on businesses.
Yet economists keep being blindsided by unexpected! dips in the economy.