Ten Thousand Commandments 2009  A starting point that really puts a good insight into how out of control our Government has become. 

 • A very rough extrapolation from an estimate of the federal regulatory enterprise by economist Mark Crain estimates that regulatory compliance costs hit $1.172 trillion in 2008.
• Given 2008’s government spending of $2.98 trillion, the regulatory “hidden tax” stood at 39 percent of the level of federal spending itself. (Because of the months-old spending surge, this proportion will surely be lower next year.)
• Trillion-dollar deficits and regulatory costs in the trillions are both unsettling new developments for America. Although FY 2008 regulatory costs are more than double that year’s $459 billion budget deficit, the more recent deficit spending surge will catapult the deficit above the costs of regulation for the near future.
• CBO now projects 2009 federal spending to hit $4.004 trillion and the deficit to soar to $1.845 trillion. The game has changed; although these spending levels eclipse federal regulatory costs now, unchecked government spending translates, in later years, into greater regulation as well.
• Regulatory costs are equivalent to 65 percent of 2006 corporate pretax profits of $1.8 trillion.
• Regulatory costs rival estimated 2008 individual income taxes of $1.2 trillion.
• Regulatory costs dwarf corporate income taxes of $345 billion.
• Regulatory costs of $1.172 trillion absorb 8 percent of the U.S. gross domestic product (GDP), estimated at $14.3 trillion in 2008.

Well this is a small list that is available in the Full Report PDF File 

Lots of good graphs to show what is going on. I do not understand all the information. But the file is free and provides some Good information.  I like reading about what the Federal rules and regulations really cost us.  Our elected officials seem to want hundreds of new rules for business Remember each rule increases the cost of Goods to we the People. 

  Our Constitution is designed for us to be equal. Yet our Elected officials use their power to pick winners and losers in the Free market. I will be going into detail Monday night September 7, 2009 on Temerity radio.

My question is can we trust our elected officials to give us more jobs in this recession?  Or can we trust them to put more regulations and overhead costs that will slow down the possibility of businesses hire new people? Find out Monday night on Temerity Radio

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