Tags: student loan debt

Strangulation

June 16th, 2011
in Op Ed

Economic growth in the U.S. can be boosted substantially by materially reducing the 8.5% of U.S. GDP currently spent complying with Federal regulation. Unfortunately those regulations are part and parcel of the current political (and financial) environment, which is arguably the real root cause of the lingering economic downturn. And to minimize the drag imposed on the U.S. economy by Federal agencies it is almost certainly necessary to craft a clean and simple law that incorporates the intent of all of the electoral reform legislation cited above: to minimize the corrupting influence of big money on the political (and hence regulatory) process. more »