Measuring the growth of America’s regulatory burden over the past half century has been a notoriously difficult task, so it is not surprising that measuring a reduction in regulatory burdens is at least as challenging. Those of us who study regulation are often reduced to counting pages, numbers of regulations, regulatory restrictions or on-budget costs of regulating.
Those who market regulatory policy – whichever direction it is going – to the general public can’t afford to be so dull.
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