By Jim Campbell, Citizen Journalist
The untold number of hours spent by workers hired specifically to comply with federal regulations is truly mind-boggling. Business owners don’t want special favors or breaks. They just want the government to leave them alone. The simple truth is that our economy will be more productive when our political class removes the barriers to growth.
Career politicians like Dianne Feinstein are responsible for America’s regulatory crisis and creating a climate that increases costs, handcuffs innovation and limits opportunity.Prosperity doesn’t just happen by accident. To return to prosperity, we must retire the longtime incumbents like Dianne Feinstein who created the red tape nightmare, and send in new leadership to unwind the mess.
Regulatory burden imposed upon America’s businesses act as a hidden tax on the economy. Just like the U.S. Corporate income tax it he highest in the world at 39.2%, the hidden tax of excessive regulation both have two issues in common.
Both pass them on to the consumer, making less discretionary income available for them to buy goods and services, thus further damaging a U.S. economy that is in free-fall do to ill-conceived notions from Diane Feinstein and her friends that it is possible to tax a state or country in to prosperity. Mrs. Feinstein before you leave us please share your economic wisdom with Greece.
(AFP Photo / Angelos Tzortzinis)
Pick up the phone Mrs. Feinstein and ring up Margaret Thatcher. You probably don’t remember her, she’s the former Prime Minister of Britain who said, “One of the main problems is eventually you run out of other people’s money” (to spend) Apparently that has been lost upon you and your woefully inept colleagues on the left.
Not to worry, you will soon be removed from office. Voters have had enough of you in virtually every demographic, they will be voting for Elizabeth Emken, eminently more qualified and ready to replace you.
Elizabeth served in management, financial analysis, and corporate operations at IBM. As an efficiency and cost cutting expert, Elizabeth utilized activity-based cost analyses to identify administrative savings across IBM U.S. – helping streamline operations, eliminate waste, and save the company millions of dollars.
Elizabeth graduated from UCLA in 1984 with degrees in Economics and Political Science. Her studies included course work at Cambridge University, where she focused on political and economic issues in China and the Middle East.
Elizabeth Emken has served as an advocate for developmentally disabled children, most recently as Vice President for Government Relations at Autism Speaks, the Nation’s largest science and advocacy organization devoted to this devastating disorder/syndrome.