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Consumers get socked with $11,000 in costs due to new regulations
Manage episode 84095475 series 62533
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It's hard to get ahead when prices keep climbing. There's a link between rising prices and runaway regulations. Higher costs of doing business hurt the whole economy, and fewer jobs get created. But billions in red tape costs get tacked onto the prices that all us consumers must pay. Most of that is higher energy costs and more expensive automobiles, appliances, and everything that the government says must be more energy-efficient. That means your toasters, washers, dryers, refrigerators, and everything else cost more. They also tend to wear out before any energy savings make up for the higher prices you paid. So ask yourself, have you gotten back your $11,000 that you pay due to new regulations? Or the thousands more you pay for the old regulations?
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