“We’re talking about a huge cost to the economy, and it’s been getting worse for the past 12 years. If those numbers don’t make you sit up and take notice, how about these ones? Americans spend 8.8 billion hours every year filling out government forms. The economy-wide cost of regulation is now $1.75 trillion. For every bureaucrat at a regulatory agency, 100 jobs are destroyed in the economy’s productive sector. The Obama Administration added $236 billion of red tape just in 2012. Today’s Byzantine system is good for tax lawyers, accountants, and bureaucrats, but it’s bad news for America.”
http://danieljmitchell.wordpress.com/2013/05/20/strangled-by-red-tape/
