So-called “Certificate Of Need” laws in the healthcare sector prevent new competitors from entering the market and reward the current dominant players. It is a corrupt cartel system that prevents innovation and competition, denies consumers choices in healthcare, and guarantees ever-rising prices.
Small cheap robots are doing for small manufacturers what table tablets are doing for fast-food restaurants: making paychecks stretch further.
According to Russell Gold at the Wall Street Journal, the fracking boom “has already lasted longer than anyone would’ve imagined just a decade ago and has more room to run. That’s because oil and natural gas wells have become more productive — an unrecognized but potent trend that should keep the fuel flowing.”
Just as Washington is revving up to impose limits on "tax inversions" on corporations seeking tax havens in other countries, along comes this study to show just how uncompetitive the United States already is.
Federal regulations imposed on America have been costing the U.S. economy more than $2 trillion every year and growing, according to a new study that sought to quantify the economic damage inflicted by Washington, D.C., politicians and bureaucrats. That drag represents well over 10 percent GDP, the report said. Especially burdened under the perpetually expanding regulatory regime are manufacturers and small businesses — two of the key sectors urgently needed to drive employment, growth, and exports amid ballooning U.S. trade and budget deficits. The most harmful and costly regulations and decrees, the report found, surround alleged “environmental” issues.
Minimum-wage laws have unintended consequences, including hurting the very people they're allegedly designed to help.
Burger King’s decision to move its headquarters to Canada using what the political class refers to as the “inversion loophole” has sparked another round of outrage from politicians, many of whom seem to believe that companies exist primarily to finance Uncle Sam. Despite claims made by Obama and other Big Government mongers that the strategic relocations show a lack of “economic patriotism,” the real cause of the accelerating corporate exodus surrounds oppressive U.S. tax laws almost unique to the United States, experts say. Individual citizens are fleeing, too. Without serious reforms, the trends are likely to accelerate.
The employees' strike and customer boycott against the Market Basket supermarket chain was ended with the reinstatement of CEO Arthur T. Demoulas after he bought control of the company from his cousin.