http://biggovernment.com/smotley/2011/05/03/sack-1-regulatory-bureaucrat-create-98-private-sector-jobs/
Big Government -- Seton Motley
The regulatory bureaucrat exists only to be a bother to the private sector. Not every bothersome act is unwarranted – hardly anyone wants to eliminate every regulator. But their job description is basically “get in the way of the free market.”
And as we have pointed out, there are of late many new regulators ensconced in Washington. Which, as the Phoenix Center report states, is an expensive expansion of busybodiness.
(E)ach million dollar increase in the regulatory budget costs the economy 420 private sector jobs.
Thankfully, the Center has the simple cure – cut back on the regulatory bureaucrats.On average, eliminating the job of a single regulator grows the American economy by $6.2 million and 98 private sector jobs annually.
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