Is Politics Insoluble?
Is Politics Insoluble?
Is Politics Insoluble?
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The Torrent ofLaws I 47<br />
going through stacks of the Code of Federal Regulations,<br />
found that the Code ran to 19,789 pages in 1938, to 20,643 in<br />
1958, to 73,149 in 1976, and calculated it would top 120,000<br />
pages by the end of 1978.<br />
Adding the Costs<br />
How can we add up the countless costs, penalties, discour-<br />
agements, delays, hazards, impediments, obstructions, that<br />
these orders place in the way of production and commerce?<br />
Even if we give up the futile attempt to add up the gov-<br />
ernment regulations numerically, we can still point to some of<br />
the costs and hardships that they impose on the taxpayer, the<br />
motorist, the businessman, the homeowner, the consumer, the<br />
worker, the investor, and the nation as a whole. In the July<br />
Tax Review of 1978, published by the Tax Foundation of New<br />
York, Murray L. Weidenbaum, a former Assistant Secretary of<br />
the Treasury, has detailed some of these costs:<br />
• The outlays of 41 regulatory agencies are estimated to<br />
have increased from $2.2 billion in the fiscal year 1974<br />
to $4.8 billion in fiscal 1979, a growth of 115 percent over<br />
the five-year period.<br />
• Federally mandated safety and environmental features<br />
increased the price of the average passenger automobile<br />
by $666 in 1978.<br />
• There are over 4,400 different federal forms that the pri-<br />
vate sector must fill out each year. That takes 143 mil-<br />
lion man hours. The Federal Paperwork Commission<br />
recently estimated that the total cost of federal paper-<br />
work imposed on private industry ranges from $25 bil-<br />
lion to $32 billion a year, and that "a substantial portion<br />
of this cost is unnecessary."<br />
• Regulatory requirements imposed by federal, state, and