Government Regs Strangle Business Growth
A constant reason given for the slowest economic recovery since the 1930′s is the impact of government regulation, both for the strangulation aspect and the uncertainty of “what will regulators do to me next.” ABC recently sent a letter to the head of the U.S House Committee on Oversight and Government Reform Rep. Darrell Issa and called attention to rules under OSHA, DOL, NLRB, EPA and EEO regarding persuader reporting for labor consultants and employers; a proposal to continually find and fix workplace hazards regardless of severity; revised standards for cystalline silica; federal contractors’ requirement to hire workers with disabilities, and the EEO criminal background check guidance. ABC called for comprehensive regulatory reform. A tall order.
And, if I wanted to “pile on” I could start on state regulations, too.
I guess the thing that is most frustrating to me is that employers are willing to start and own their own companies, assume the inherent risk in that, provide employment to others (and pay themselves last) and the reward they get for that is a mountain of regulations written by hopefully well-meaning bureaucrats who don’t “get it” and don’t have their mortgage and kids’ college fund at risk. How do we get back to some sense of balance between risk and reward and seeing employers as job creators not fat cats? My two cents worth…..
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