Dining with Big Government

Government regulation is a hidden tax that now consumes an astonishing $1.9 trillion of the U.S. economy per year. I’m preaching to the choir here, but for those seeking ways to converse with others about how destructive and unnecessary most regulations are, try discussing the voluntary exchanges that occur while dining out at a favorite restaurant. People may go for the food, atmosphere, or for economic reasons, but they do so primarily out of self-interest. And neither local politician nor D.C. bureaucrat is needed to tell them where to go, what to eat, how much to eat, how to eat it or how much money to spend. If the food sucks, the service is terrible, if someone gets food poisoning, no form of regulation is needed to tell even low-info types it’s time to dine elsewhere.   Regulatory aficionados (such as Obama, Bloomberg, and Jonathan Gruber) think otherwise and believe we’re all too stupid to make everyday decisions on our own. And...(Read Full Article)