And too many laws. Jimmy Sexton, CEO of Esquire Group, is right about the rules.
More than 88,000 federal regulations were promulgated between 1995 and 2016, the most recent data I can find. The Federal Register, a compendium of each year’s new federal regulations, proposed rules and notices, totals nearly two million pages dating back to its inception in 1936. And the Code of Federal Regulations ran to 185,000 pages in 2020. In addition, state and local governments have their own laws and rules.
As he noted,
Laws should be easy to comply with and simple to enforce.