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Regulatory burden in the country. there was study that was done when i was in legislature. i served there for six years. average small business in california pays about $134,000 per year in regulatory compliance costs. that is what the burden of government does for the golden state. tucker: one of the reasons that texas is booming is energy, were in the midst of a energy boom. california could participate in that boom but they haven t so far because they may have about two-thirds of nation s shale oil underneath land in the center of the state but they can t get to it because of political prohibitions against it? this is absolutely correct. what is happening in california, they want to regulate the oil before it comes out of ground. there has been a move afoot to curtail or even prevent fracking what is the technology which has ....
That. to put a guy like that in front of a project like that suggests that you are not serious about getting it done. and you don t, in fact, want to reduce level of regulatory state. it s like joe biden is put in charge with negotiating with republicans about deficit production. if you don t want to do anything, you obviously put joe biden in charge of it. glenn: slept through the speech. knocked out. the way it s to implement the public policy without paying for it. you can get businesses to do things you want them to do and it never shows up on the books. we spend $1.7 trillion a year in regulatory compliance costs for american businesses. that is more than businesses pay in corporate income taxes. that s more than more corporate profits in america put together. that s a really nice kind of low-cost way to get your agenda put out, a, not having congress over it. b ever having to ask voters ....
Suggests that you are not serious about getting it done. and you don t, in fact, want to reduce level of regulatory state. it s like joe biden is put in charge with negotiating with republicans about deficit production. if you don t want to do anything, you obviously put joe biden in charge of it. glenn: slept through the speech. knocked out. the way it s to implement the public policy without paying for it. you can get businesses to do things you want them to do and it never shows up on the books. we spend $1.7 trillion a year in regulatory compliance costs for american businesses. that is more than businesses pay in corporate income taxes. that s more than more corporate profits in america put together. that s a really nice kind of low-cost way to get your agenda put out, a, not having congress over it. b ever having to ask voters for it. or c put it on the books and pay for it. ....