Every $1 Billion In Regulations Costs Jobs

From The Daily Caller:

Government regulations cost American jobs as well as money, according to a study.

A new report by the American Action Forum (AAF) found that for every billion dollars in regulatory compliance, impacted industry employment declines by 3.6 percent.

This would be the equivalent of an industry that employs 225,035 workers, losing 8,101 jobs due to regulatory burdens costing the industry $1 billion.

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over regulation red tape octopus

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