Now here's the bad news: Labor participation rates, and the effect they have on GDP, are just long spring showers that someday will end compared to the storm created by the regulatory burden in the country. According to a report in 2011 by the Heritage Foundation, the government's own Small Business Administration estimates that compliance with various federal regulatory structures cost the economy another $1.75 trillion every year.
Obama's Real Cost: $19 Trillion in Missing GDP
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Seeded on Sat Jan 26, 2013 6:09 AM
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