The cost of regulation is measured in pennies on the dollar. You are FOS....
Now THAT’S really funny, central va.
The cost of regulation is measured differently depending on who is measuring it.
To say “pennies on the dollar” is a meaningless dismissal.
Many regulations are worthwhile (protecting a lathe operator from cutting off his hand), and many are not worthwhile (saving some miniscule subspecies of bird or fish).
US regulations have driven countless industries abroad. Even if you say some cost seems tiny, if it’s enough to move the manufacture from our country to another one, then its REAL cost is all the jobs and profit that are thus displaced.
The cost of regulation is therefore IMMENSE, and those who deny it are either fools or utopian dreamers.