Government Out Of Control

ED-AE268_3redta_20060510202025
Originally uploaded by dross46.

The Wall Street Journal ran this graphic today. The number of regulators has grown at a CAGR of 5.5% over the past six years. If we let this continue for the next 30 years by then we'll have 1.6 million regulators [one for about every 400 American people] and the federal register will have a staggering 200,000 pages? This is insane.

Comments

Energy Profits

I got tired of the hype about "excess" oil company profits and decided to get the facts. It turns out that the oil and gas industry generally is near the middle of the pack of American industries earning about 8% on sales in the 3rd quarter of 2005 as compared to the average of about 6.5%, but far lower than, for example, the semiconductor industry which earned about 14% on sales in the same period, or pharma & banks which both earned more than 18% on sales.

Barry Schwartz - The Paradox of Choice

MediaPost Publications - Americans Get More Channels, Watch Fewer Of Them, Especially Broadcast - 03/13/2006 Ironically, Barry Schwartz spoke at PC Forum last night about the Paradox of Choice, and what did I wake up to this morning. Another possible example of too much choice in the channels people have to choose from on television. I wonder whether the "a la carte" crowd has thought about this problem. I'll have to ask Prof. Schwartz about that today.

50th Anniversary

This past May my wife and I celebrated our 50th Wedding Anniversary. The time has passed quickly but it certainly doesn't seem like 50 years. Like most, we've had our ups and downs in fifty years, but on the whole have been blessed with good health, three fine sons and nine grandchildren. Looking forward to the next chapter.

Douglas L. Ross - My Personal Reflections

Search This Blog