Tax Freedom Day was April 9. But when you factor in the cost of regulation (on which more here), it turns out we work nearly half the year just to pay for government. Wayne Crews and I give the details, as well as some ideas for regulatory reform, over at Fox Forum. The three we give are:
-Disclosure. Each year’s federal budget, or the annual “Economic Report of the President,” should include in-depth chapters exploring the regulatory state, along the lines of Ten Thousand Commandments. The more the public and policymakers know about regulatory costs, the more likely they are to do something about them.
-Eliminate obsolete rules. Congress should task the Office of Management and Budget with identifying rules to eliminate each year. Congress should also implement its own bipartisan packages of cuts to be voted on, up or down, without amendment. Mandatory 5-year sunsets for all new rules would also help. Congress can reauthorize useful rules, while obsolete or harmful ones would automatically expire.
-Most important of all, Congress needs to reassume its lawmaking responsibilities. It passed 125 bills last year—but federal agencies passed 3,503 final rules. This “regulation without representation” should end. There is too little accountability when it comes to regulation.
Posted in Economics, Publications, regulation
Tagged 10kc, cost of government day, fox, fox forum, fox news, reform, regulation, regulatory reform, tax freedom day, ten thousand commandments
The House passed the Commercial Advertisement Loudness Mitigation Act on Wednesday. If it becomes law, the FCC would control the volume level of television commercials. Some of them are noticeably louder than regular programming. This is, to put it tactfully, irritating.
Rep. Rick Boucher told the Associated Press that “It’s an annoying experience, and something really should be done about it.”
He was talking about the commercials, though his remarks better fit the regulations he voted for.
Still, he’s right that something needs to be done. Loud commercials are a nuisance. They are also avoidable. For example, I avoid them by watching as little television as possible. Maybe read a book or spend time with loved ones instead. There are other ways, too. Here are a few:
-Use the mute button on your remote.
-If you have DVR and you’re watching a show you recorded, you can fast forward through the commercials.
-Change the channel.
-Let broadcasters know how you feel. Tell them not to run loud commercials. You can contact ABC here; CBS here; Fox here; and NBC here. They’d rather you watch their channel than not, after all. And the best way to prevent a viewer exodus is not alienating them.
Besides, they’d probably rather hear from you than the FCC.
(Hat tip to Fred Smith)
Posted in Media, Nanny State, Regulation of the Day, Technology
Tagged abc, advertisements, advertising, cbs, commercials, dvr, fcc, fox, nbc, regulation, Regulation of the Day, rep. rick boucher, rick boucher, tv. television