During 2012, virtually every aspect of American life, from caloric intake to dishwasher efficiency, was subjected to government meddling.
Most of these rules increase the cost of living, others hinder job creation, and many erode freedom. Not all regulations are unwarranted, of course, but increasingly, the rules imposed by the government have less to do with health and safety and more to do with whether government or individuals get to make basic pocketbook and lifestyle decisions that affect them. And it is not just the regulators who are to blame. Congress writes laws that give unelected bureaucrats the broad powers they wield.
In a great many cases, the agencies do not even consider costs when crafting new regulations. For example, the Government Accountability Office, in a report released last week, found that the agencies implementing the Dodd–Frank financial regulation law did not meet the government’s own standards for regulatory analyses. Nor did they evaluate alternatives to regulation.
Which are the worst? There is no objective standard to measure such things, but here is Heritage’s take on 2012’s bottom 10:
10. Mortgaging the Future: “Simplified”……………..