by Lynn Costello
We seldom behold truth from government but rather political speak or spin; on the other hand we often suffer consequences, particularly those regarded as unintended. While motivated to improve the health and safety of the people, government spits out rules and regulations as though it were a gumball machine. In 2011 alone, the legislature and regulatory agencies created 4,257 new regulations at a cost to business of $1.75 trillion and 8.8 B hours for compliance.
This is offensive on its own, but worse are those “unseen” consequences talked about in Frederic Bastiat’s “That Which is Seen and That Which is Not Seen.”