Friday, September 25, 2009

Regulation and the financial crisis in CA

Does anyone still wonder why California is in such a terrible financial mess? Ed Morrissey quotes a recent study that "finds that the total cost of regulation to the State of California is $492.994 billion which is almost five times the State's general fund budget, and almost a third of the States gross product."

And now Barack Obama and the Democrats want to spread this kind of massive government regulation--and much, much more--to the entire country!

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