By Elaine Donnelly
Extending sexual misconduct to combat units
Independent voices from the TWT Communities
Nothing in life is certain but death and taxes, the saying goes. Unfortunately, the list doesn't stop there. We can add one other inescapable component: regulations.
"The economy isn't growing as fast as it needs to." That's Commerce Secretary Gary Locke addressing the latest report on the country's economic output. His comment is a model of understatement: Gross domestic product (GDP) grew less than 1 percent in the first half of this year. As Reuters news agency put it, the U.S. economy came "perilously close to flat-lining in the first quarter."
"Thus, Americans are taking a double hit on dairy," says regulations expert Diane Katz. "Tax revenues are used to subsidize producers, and production limits raise the cost of products."