"We're In Denial About Growing Administrative State"
March 27, 2017
Aside from excessive meddling, the other big complaint against regulation is that it hurts the economy. No one really knows by how much, but "there is ample evidence that regulation has expanded and that this expansion has limited economic growth," as Ted Gayer and Philip Wallach of the Brookings Institution recently wrote. One study estimates that regulation has shaved 0.8% off the U.S. annual growth rate which — if confirmed by other studies — would be huge.
Related:
"Congress must stop death by decree: The biggest restraint on economic growth is federal red tape".
"Deconstructing the Administrative State"
Some possible approaches to improving matters:
"Trump Wants to Deconstruct the Regulatory State? Good. Here’s How You Start".
"A Blueprint for Reforming the Federal Government".
Confirming Gorsuch to the Supreme Court could well help: "Gorsuch’s Collision Course With the Administrative State".