Was having a conversation with my wife a while back. She's the office manager at a violin shop. Same job for 25 years. When she first started the cost of compliance took about 20% of her time - insurance, health care, workman's comp, unemployment ins, taxes, OSHA, even environmental regs - because they have a dumpster - city, state and fed, etc. Now about 30% of her time is filled on compliance. That's a 10% loss in her productivity and a similar loss to her employer's and the nation's bottom line. Meanwhile, there are probably 10% more bureaucrats working for all various agencies checking her work for any errors or evidence of non compliance. That doubles the nation's loss on her productivity. This is just one woman at one little company. Imagine the loss on a Hundred million workers. The long and short of it is there is too much regulation in America. That's a big part of why we can't compete.
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Today's Featured Article - Old Time Threshing - by Anthony West. A lovely harvest evening late September 1947, I was a school boy, like all school boys I loved harvest time. The golden corn ripens well and early, the stoking, stacking,.... the drawing in with the tractors and trailers and a few buck rakes thrown in, and possibly a heavy horse. It would be a great day for the collies and the terrier dogs, rats and mice would be at the bottom of the stacks so the dogs, would have a busy time hunting and killing, all the corn was gathered and ricked in what we c
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