Decline in entrepreneurial start-ups began…when OSHA, EPA began

Noted economists are wondering why we’re experiencing a ‘business start-up’ decline.

Beginning in the late ’70’s, and through 2011, start-ups have decreased by 50%. And that is a lot of jobs, when you consider virtually all new job creation is from start-ups.

It’s a serious threat to our economic well-being.

And while those economists busily speculate on various reasons, BCP can’t help but wonder why they don’t run a comparison graph of that decline against the explosion of regulations that hit after the EPA and OSHA agencies were started in the early ’70’s.

Up until 1970, new government regulations were fairly ‘moderate’, adding approximately 20,000 pages of regulations every year…but once the EPA and OSHA started…

…by 1974, the federal government was adding 60,000 PAGES A YEAR

…and by 2011, that number was up to slightly over 80,000 PAGES A YEAR.

Yeah…we can’t imagine what has caused the dramatic decline in business start-ups.

Averaging 60,000 pages added every year for 40 years since 1974, that’s 2.4 million new pages of regulations…added to what was arguably over 650,000 pages by 1974.

We don’t profess to be an economics expert…

…but you don’t have to be an economist…to know what happens when you stuff that much paper down a new business’s throat.

Just sayin’…

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