The liberty
principle for this Freedom Friday concerns the excess of regulations issued by any
government. The Obama administration has issued more than 21,000 regulations. Too
many regulations tend to decrease productivity and economic growth.
Dianne Katz published an article at The Daily Signal about the regulations on the food used for Thanksgiving. She states that the Obama regulations “increased regulatory costs by more than
$100 billion annually.” She also reports that “Independent estimates find that
total regulatory costs are exceeding $2 trillion annually – more than is
collected in income taxes each year.” Katz continues her article describes how
regulations affect the foods that we eat at Thanksgiving.
Some
regulations are necessary for health, safety, or security, but too many of the
regulations put out by the Obama administration simply control citizens where
no control is needed. Katz continues her article by describing how regulations
affect the foods that we eat at Thanksgiving. Please read her article and
decide for yourself if all those regulations are really necessary.
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