Lawrence J. McQuillan
| Thursday April 27, 2017 at 3:59 PM PST
A widely-cited study by W. Mark Crain and Nicole V. Crain estimates the cost of complying with U.S. government regulations at a staggering $2 trillion per year, an amount equal to 12 percent of gross domestic product. Annual compliance costs average about $10,000 per employee. Businesses in the service sector shoulder the biggest burden...
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Tags: Consumer Financial Protection Bureau, cost of federal regulations, cost of government regulations, Federal Regulations, government regulation, Office of the Comptroller of the Currency, San Francisco, savings and loan crisis, W. Mark Crain, Wells Fargo Bank, Wells Fargo Bank scandal
Vicki E. Alger
| Thursday July 26, 2012 at 12:27 PM PST
In late June Congress acted to freeze the interest rate on certain college loans at 3.4 percent for an additional year, claiming this move would help make college more affordable. Of course, a relative handful of college students saving a few dollars each month doesn’t translate into college affordability—and the Obama administration knows it....
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Tags: Affordable Health Care Act, Bailouts, Budget and Tax Policy, Consumer Financial Protection Bureau, Education, Employment, Free Market, government loans, Healthcare, Money and Banking, Obamacare, Obamanomics, Politics, student loans, Unemployment, youth unemployment