The government does have some legitimate regulatory authority granted to it under the Constitution. However, regulatory agencies have grown in size and scope to the point where they bring no incremental benefits for ever increasing costs. The costs are many: agency budgets funded by debt, onerous, time consuming compliance burdens, hampered competition, poor growth and reduced jobs.
Regulatory agencies exhibit a total disregard for the timeframe of their decisions; a delayed opportunity in America is the chance for success by our global competitors. These are just some of the real costs of over regulation. Businesses must be allowed to grow and expand for them to create jobs.