Simple Truth About Washington Regulations and Jobs
Do You Know How Many Hours it Takes to Comply with the Dodd-Frank Act?
The Empire State Building took 7 million man hours to build. 225,000 Toyota Camrys (just 63% of US production last year) take 6.3 million man hours to build. Every iPhone ever sold (146 million) took only 5.5 million man hours to build.
For perspective, the 2,300 pages of new rules and regulations from the Dodd-Frank Act will require 10.2 million man hours in compliance time on American job creators.
The simple truth is over-regulation steals time from American innovation, and equally as important, it steals jobs from American workers.
Learn more about how over-regulation is holding our economy back by visiting:
financialservices.house.gov/
or https://www.facebook.com/GOPFinancialServices
Tags: Washington, D.C., regulations, jos, To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!
The Empire State Building took 7 million man hours to build. 225,000 Toyota Camrys (just 63% of US production last year) take 6.3 million man hours to build. Every iPhone ever sold (146 million) took only 5.5 million man hours to build.
For perspective, the 2,300 pages of new rules and regulations from the Dodd-Frank Act will require 10.2 million man hours in compliance time on American job creators.
The simple truth is over-regulation steals time from American innovation, and equally as important, it steals jobs from American workers.
Learn more about how over-regulation is holding our economy back by visiting:
financialservices.house.gov/
or https://www.facebook.com/GOPFinancialServices
Tags: Washington, D.C., regulations, jos, To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!
Posted by Bill Smith at 8:06 AM - Post Link
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