Regulating America out of jobs

The U.S. Chamber of Commerce looked at the cost of regulations in America and found that excessive regulations are undercutting our economy and costing us jobs.

Federal rules alone in the past few years have exploded and the Chamber finds it cost our nation $1.7 trillion. State labor and employment law resulted in the loss of U.S. 700,000 jobs.

On the other hand, paring back state regulations that exceed federal standards alone would spawn 50,000 new businesses each year.

The Chamber report is not an indictment on government regulations, per se. Most regulations serve a good purpose.

For examp...