On the recordFebruary 10, 2011
In all of my years in business, I can honestly say that I have never seen an administration so prepared to regulate nearly every ailment, either real or perceived. Nearly every segment of industry has been subjected to increased regulation, whether it be banking, energy, automotive, services, and of course, health care. Ronald Reagan once said, ``Government exists to protect us from each other. Where government has gone beyond its limits is in deciding to protect us from ourselves.'' As a nurse and small business owner, I worked with my husband as a clinical director of the Trinity Wound Care Center in Dunn, North Carolina, where I saw firsthand the damage that government regulations can do to the growth of small businesses. The costs of these rules pile up. It's easy to understand why businesses are reportedly sitting on $2 trillion in cash. Businesses don't know the true cost to comply with the rules just imposed and are concerned about the costs and rules yet to come. No business can properly plan with roaming regulatory activity. This halts job growth and investment in its tracks.
