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To: SeekAndFind

The Recovery Act and Inflation Act of Biden cut entitlements through creative bookkeeping that nobody has reduced to a headline, probably can’t. The “savings” from entitlement reduction were then “repurposed for increase in other spending.

Complexity is a major drag on the economy and cause of inflation. Inflation is best fought by increasing amount of production per person. Complex red tape
1) prevents all players, both government and private sector from experimenting with better mousetraps
2) requires all players, both government and private sector to spend more time learning, understanding, fulfilling and correcting the records

than providing the service allegedly intended.


88 posted on 02/19/2023 10:38:02 AM PST by spintreebob (ki .h )
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To: spintreebob

Your post reminds me of a visit I had to a major insurance company decades ago when they had paper copies of everything in physical file cabinets.

They had one floor of a gigantic building (warehouse sized) with file cabinets as far as the eye could see in all directions next to the walls—with tax and fee filings for states and localities. The inner area of the floor was filled with hundreds of cubicles of workers who processed the filings.

They had another floor with file cabinets full of regulatory requirements/compliance records—and more hundreds of cubicles.

No actual good or service was produced on those two floors at all.


89 posted on 02/19/2023 10:49:40 AM PST by cgbg (Claiming that laws and regs that limit “hate speech” stop freedom of speech is “hate speech”.)
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