Some time ago, noticing the growth in Washington DC in marked contrast to the rest of the country I dubbed it Versailles on the Potomac. So the linked post is no surprise. A few highlights:
- From 2008, while the economy grew at 5%, regulatory budgets have increased by 16%
- Private sector jobs shrank by 5.6%, employment in regulatory agencies has increased by 13%
I can't understand what's keeping the economy from taking off. Perhaps not enough presidential bus tours.
http://www.nationalreview.com/corner/274923/regulatory-hiring-bloom-veronique-de-rugy
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