Welcome back to OnThePoint, this is Greg C. Truax.
Excessive government regulations are strangling America’s economic growth and stifling innovation. Federal, state, and local regulations collectively impose costs estimated at $2 trillion to $2.5 trillion annually.
While cost-effective rules safeguard health and safety, overregulation especially burdens small businesses and lower-income families.
Regular, rigorous reviews of regulations are critical to slashing needless bureaucratic overhead. Limiting government intervention is essential to unleashing American innovation, and economic growth. Government at all levels must get serious about reining in excessive regulation before the American dream is regulated out of existence.
From the NewsTalk 1040 Studios, this is Greg C. Truax.
Greg C. Truax is president of GCTMediaGroup, a film production studio, online magazine publisher, radio commentator, and creator of written and broadcast opinion commentary.