Bad News For Business

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Here is a graphic from this week's BusinessWeek magazine.

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I hope that this is simply a knee-jerk reaction to Enron, WorldCom, etc. Increased regulation only drives up the cost of doing business, and is a drag on the economy. Defecit hawks complain that government borrowing ties up money that could be put to better use by the private sector, but IMO, regulation does the same thing with labor.

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