As I scrolled through my Facebook news feed, I discovered the following artwork here, being shared by the page, “Emancipated Human,” and originally posted it to my own wall, along with commentary…
“If regulatory growth froze in 1980, we would today be approximately $4 trillion richer!
The Cost of Regulations: If the cost of regulatory accumulations ($4 trillion) were a country, it would have the 4th largest GDP in the world.
(That amount is large enough to be the world’s 4th largest economy!)
GDP, in nominal 2012 dollars (billion USD)”
My Commentary: Some perspective on the real PROBLEM…
