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October 18, 2017 by Steve Pociask

New ACI Program to Measure Cost of Regulatory Waste

How much economic growth is lost by excessive regulation? What are the costs of permit delays? How many jobs are lost due to red tape?

Regulatory impediments can substantially hinder opportunities for private enterprise to invest and compete, thereby reducing economic output, impeding private investment, slowing job creation, and raising consumer prices.  These hurdles contribute to a stagnating economy, which has been a $2 trillion drag on the U.S. economy.  The Lost Economy™ – a new project by the American Consumer Institute – aims to measure the burden of overregulation and recommend ways to streamline state and federal regulations. Stay tuned for our first project – Next Generation Wireless Networks for 5G – coming later this month.

 To learn more about this project, visit TheLostEconomy.com.

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Filed Under: ENERGY / Environment, Finance / Insurance, General Regulations, Health, Internet Public Policy Issues, Issues, News, Taxation, Technology Tagged With: ACI, costs, regulations, The Lost Economy

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Welcome

Americans are facing challenges sometimes caused by questionable public policy and regulations that raise industry costs – both of which lead to higher consumer prices and fewer choices for consumers.  ACI's focus is to support concepts which spur competition, encourage innovation, create jobs and benefit consumers overall, while maintaining reasonable and necessary consumer safeguards.

We serve as an academic voice for consumers.  Our goal is to build awareness, survey consumer attitudes on public policy issues, facilitate discussion, and offer research-based solutions that have the best interest of consumers in mind.

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Is a 501(c)(3) nonprofit educational and research institute founded on the belief that consumers’ interests are not satisfactorily represented by the wide variety of advocacy and consumer organizations that often represent small subsets of consumers and special interests... Read More...

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