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Notes
Transcript
Government regulations: Productivity is being stifled by costly, unnecessary and unproductive government controls, notes Michael E. Simon of Arthur Anderson & Company, whose firm did a study to measure the incremental costs of governmental regulations. “The Lord’s Prayer contains 56 words, Lincoln’s Gettysburg Address is 268 words, and the Declaration of Independence is 1,322 words,” said Simon. “But a government regulation on the sale of cabbage requires 26,911 words. Any person who has ever tried to cope with a government form knows that the regulatory process can be improved!”
Success Unlimited, October 1980, page 26