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The Government's Permitting Regime Is Choking the Economy

9 59
05.09.2024

Regulation

Veronique de Rugy | 9.5.2024 12:01 AM

Vice President Kamala Harris thinks U.S. Steel should not have the right to sell its business to Japan's Nippon Steel. Previously, some Republican senators thought they too should have the ability to kill the deal between private companies. And it doesn't stop there. During the pandemic, airlines had to get the government's permission to hand out hand sanitizer to passengers. Energy projects are subjected to years of permitting processes. And, of course, in most places, Americans aren't allowed to build what they want on their own property without subjecting themselves to government authorization.

Welcome to the permission-slip economy. It shouldn't be this way.

Permitting reform isn't just bureaucratic minutiae; it's a critical, deeply moral issue for anyone who believes in free markets, individual liberty, and economic progress. Our permitting regime is a web of red tape that stifles innovation, slows growth, and leaves Americans poorer, less free, and increasingly frustrated with a government more interested in regulating than enabling prosperity.

This isn't some esoteric topic for policy wonks; it's about the real, tangible effects of overregulation on Americans' daily lives. Housing costs, job availability,........

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