Show 1 THIS TilIS IS PROTECTION t it i ic c jM j El C 7 y 6 I J h I. I Z 1 J j I. I or 0 V Jj M A WLL O J JJ J I Q p Z V cA v. v s 's 70 ol j 01 J X t i t 1 0 I J I A American me ican taxpayers now spend billion each year to protect themselves through government regulators The Office of Management and Budget estimates this regulation regulation regulation regula regula- tion costs every family 2000 ann annually Since the first gov government intervention in our free enterprise system ca came e with establishment of the Interstate Commerce Commission dozens more regulatory agencies have come into being costing consumers money money and bo boosting sting inflation Airline passengers for example paid excess fares totalling over million last year al alone ne because federal regulations prohibit price competition in this area Consumers in states where regulation prevents advertising of drugs pay payas as much as 1200 per pcr cent more for their medicine Among the newest federal regulatory agencies is the Occupational Occupational Occupational Safety and Health Administration OSHA One large company reports using file drawers of up back-up material to meet its reporting requirements These administrative costs are passed along to the thc consumer Clearly the thc commission to study this critical problem of federal federal federal fed fed- eral regulatory reform is long overdue |