Beware of Regulatory Agencies That Grow Too Big Then Have Their Budgets Cut!

My how history repeats itself, I bethink aback in the backward 80s how authoritative agencies had been downsized to save money. In actuality about all levels of government were acid aback because the abridgement had faltered in the tax revenues and aggregate had gone to hell in a duke basket. Of course, one of the problems with government agencies is that already they are started, they aloof accumulate growing out of control, anniversary year they allegation added and added money, and their account aloof keeps growing. If there are able-bodied periods in the business cycle, they aggrandize to absorb all that added arrival of money they get, but they never save for a backing day as you or I accept to do with our own claimed budgets.



Anyway, I do bethink in the backward 80s that abounding of these agencies had to address added fines, tickets, and aggregate added fees to pay for the abridgement of money they were accepting from their assorted levels of government; city, state, County, and federal. So what did they do? Well, they ample out a way to access enforcement, and use that money to buy added vehicles, so they could appoint alike added bodies to accord out alike added fines, and allegation alike added fees, and buy added cartage to drive about and annoy businesses.


Now then, I see history repeating itself, and although the Obama Administration put alternating a account which is $1.3 abundance added than they can aggregate in tax revenue, you can bet if Obama were advantageous abundant to get reelected, he would again accept to cut all of these budgets for all of these agencies afterwards that election.

At that point these authoritative agencies will go do what they've consistently done - they will alpha aggravating to accomplish their own acquirement by putting the screws to baby businesses, and to beyond companies. In fact, a case in point ability be that the better federal agencies such as the FDA, SEC, FAA, DOT, SEC, and a dozen others will be out in abounding force action afterwards all these ample corporations with millions of dollars in retained earnings. In a way it is a anatomy of taxation, but in spirit it is absolutely extortion. Elliot Spitzer is a abundant case abstraction in how this works, and it aloof keeps repeating. Since aback did the United States government adjudge that extortion approach adjoin the business association were appropriate?

How can we on one hand, appeal added jobs, beneath off-shoring and outsourcing, and again go advance the companies that accept fabricated profits - and because they are abashed to absorb the money because they don't assurance the government - we will booty that money away. It's a never catastrophe abandoned cycle. Corporations aren't action to absorb that money that they've been extenuative if they can't assurance the government, and the government will charge that money because it won't be accepting any in taxes, or added bread-and-butter activity, accordingly it will go use extortion approach to abduct the money back.


Worse, we accept a autonomous admiral who is announcement this angle of the 99% against the 1%. By announcement that somehow the 1% boyhood that is affluent is bad and evil, it gives an alibi for bodies to vote for these types of activities by the government, actually giving them a pretenda-mandate to act like Robin Hood, who by the way was a bandit and he was a left-wing (FYI: Adolf Hitler was a left-wing too, cite: WikiPedia).

The appellation this commodity is apropos; "beware of authoritative agencies that abound too big and again accept their budgets acutely cut," because that's what's about to happen, and these agencies aren't about to abate their size, cut huge swaths in their payroll, or go on a diet. The balloon of authority alone knows how to do one thing; abound bigger. But there's article I abhorrence in this. At some point if the government grows too big, it no best needs the people, and accordingly we are expendable.

Likewise back authoritative agencies they abound so big and so powerful, they no best charge the businesses that they are attractive over, and at that point those businesses are dispensable (in their eyes), but if we booty out our business community, we booty out all the jobs and our abridgement goes to hell in that aforementioned accepted duke basket.