By Don Brunell/Don C. Brunell is a business analyst, writer and columnist. He retired as president of the Association of Washington Business, the state’s oldest and largest business organization, and now lives in Vancouver. He can be contacted at theBrunells@msn.com.
The U.S. Chamber of Commerce looked at the cost of regulations in America and found that excessive regulations are undercutting our economy and costing us jobs.
Federal rules alone in the past few years have exploded and the Chamber finds it cost our nation $1.7 trillion. State labor and employment law resulted in the loss of U.S. 700,000 jobs. On the other hand, paring back state regulations which exceed federal standards alone would spawn 50,000 new businesses each year.