From financial
services to farming, plumbing to computer repair, business owners say
new regulations have them so bogged down in compliance that it is
hindering their ability to plan and expand for the coming years.
Even though President Obama
recently acknowledged the need to minimize regulations, the number
appears to be growing. Obama administration regulations on new business
rose to 3,573 final rules in 2010, up from 3,503 in 2009 -- the
equivalent of about 10 per week. - FOX News
Is there a need for regulation? Most likely yes, there are a need for certain types of regulation. The problem is that the Government has decided that it is their responsibility to control every aspect of business. It is that type of mentality that kills jobs and prevents growth. Free market generally regulates many businesses on its own.
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