Policy Regulations II Policy Studies Term Paper

Length: 10 pages Sources: 7 Subject: Business Type: Term Paper Paper: #19419327 Related Topics: Nursing Home Abuse, Federal Budget, Public Policy, Cisco Systems
Excerpt from Term Paper :

Instead they are being left in family homes, alone while family members work to pay the bills.

One of the problems with government regulations and business is that often times the regulation applies across the board with little regard to the size of the business or the size of the population that the business serves.

To implement a regulation to businesses across an entire geographic area can harm the business in the small town. Why should the same regulation apply to a business in a town of 330 as a business in a town of 1.5 million residents? To comply with certain government regulations businesses in small towns are often left with no choice but to close the doors.

Existing regulations already put a huge burden on the U.S. economy, more than $600 billion per year, according to detailed studies by economist Thomas Hopkins of the Rochester Institute of Technology. Former chief White House economic advisor, Professor Murray Weidenbaum of Washington University, St. Louis, calculates that about a quarter of this sum relates specifically to the environment. These astronomical costs do not show up in the federal budget or in income taxes, but are a direct expense on business -- which of course must pass it along to the consumer in the form of higher prices for everything he buys: food, housing, transportation, and all other goods. The average annual "environmental tax" on every American household now exceeds $1,500 and is growing rapidly."

Government regulations destroy more jobs than they create. For many small factories or other businesses the cost of compliance with the many government regulations is so cost prohibitive that they have to cut back on labor. Through lay offs or terminations the businesses are not able to produce the volume of products or services that they were in the past which can lead to further lay offs.

When a company has to terminate employees to reduce the cost of overhead due to government mandates and regulations it also reduces the amount of spend able income the families of those employees have at their disposable. This in turn has a negative impact on the overall economy.

The burden of governmental and particularly environmental regulation is particularly hard on small businesses. As their costs rise and they try to pass them along, competition from giant firms forces them to close down. Miners, factory workers, and other productive employees lose their jobs. But I suppose we can always retrain them -- to become environmental lawyers."

Large firms are not as directly impacted by the cost of government regulations however they often make up that cost by passing the cost onto the consumer by way of higher prices, fewer services or a combination of both.

In addition the government regulations often prevent new products or services from being introduced to the market, which in turn has an overall negative impact on the economy as the market has a reduced sense of competition leaving the current producers of goods in a position of power over the consumer.

Overall business owners appreciate and understand the need for some government regulations. They...

...

Today, however, businesses frequently feel that they are being regulated out of the ability to do business at all. Payroll, health care and environmental issues threaten to drive small businesses out of their industries. Large companies cannot afford to provide for the thousands of employees in the way government regulations mandate they must without passing that cost onto the consumer.

Businesses have so many government regulations to keep track of and follow that at any given time many businesses are out of compliance which can cost them money in fines or having their doors close.

Business owners across America generally believe that government interference is harming not only the business owner but the consumer because of what those mandates do to the business world.

The time has come to re-evaluate the government regulations already in place and determine which of those should be kept to benefit the world, and which of them should really be decisions left to the business owners and the consumers.

References

Bass, Gary (1995) Government Regulations are an Essential Part of Life

Philadelphia Tribune,

Blockbuster anti-trust case thrown out. (Law & Regulation).(Brief Article)

Screen Digest

Business Attitudes Towards Government Regulations, January 2003

Attitudes to Regulations: Executive Summary

http://www.betterregulation.ie/index.asp?docID=44

Coddington, Josh (2006) Arizona's business associations provide business owners with a louder voice to policy-makers. Arizona Capitol Times

____(2005) Government Regulations and Tax Burden Hit Small Businesses.

PR Newswire Europe

Sage Karen (2006) Automating Change Management Cisco Network Management Technology (accessed 4-26-07) http://www.busmanagement.com/pastissue/article.asp?art=269788&issue=195

Siegel, Robert (1998) Profile: Government regulations to improve nursing home care

All Things Considered (NPR)

Singer, Fred (2002) JOBS vs. ENVIRONMENT" MISSES the POINT (accessed 4-24-07)

http://www.sepp.org/key%20issues/env-jobs/jobsenv3.htm

____(2007)Stringent Government Regulations Lead to Advances in Hazardous Waste.

US Newswire

Bass, Gary (1995) Government Regulations are an Essential Part of Life. Philadelphia Tribune)

____(2007) Stringent Government Regulations Lead to Advances in Hazardous Waste. U.S. Newswire

Sage Karen (2006) Automating Change Management Cisco Network Management Technology Group http://www.busmanagement.com/pastissue/article.asp?art=269788&issue=195

Annual Competitiveness Report 1999 Annex 1 http://www.forfas.ie/ncc/reports/ncc99/annx1.htm

____(2002) Blockbuster anti-trust case thrown out. (Law & Regulation).(Brief Article) Screen Digest

____(2005) Government Regulations and Tax Burden Hit Small Businesses.

PR Newswire Europe

Siegel, Robert (1998) Profile: Government regulations to improve nursing home care: All Things Considered (NPR)

Coddington, Josh (2006) Arizona's business associations provide business owners with a louder voice to policy-makers. Arizona Capitol Times

Singer, Fred (2002) JOBS vs. ENVIRONMENT" MISSES the POINT

http://www.sepp.org/key%20issues/env-jobs/jobsenv3.htm

Coddington, Josh (2006) Arizona's business associations provide business owners with a louder voice to policy-makers. Arizona Capitol Times

Business Attitudes Towards Government Regulations, January 2003

Attitudes to Regulations: Executive Summary

http://www.betterregulation.ie/index.asp?docID=44

Sources Used in Documents:

References

Bass, Gary (1995) Government Regulations are an Essential Part of Life

Philadelphia Tribune,

Blockbuster anti-trust case thrown out. (Law & Regulation).(Brief Article)

Screen Digest


Cite this Document:

"Policy Regulations II Policy Studies" (2007, April 30) Retrieved August 3, 2021, from
https://www.paperdue.com/essay/policy-regulations-ii-policy-studies-38090

"Policy Regulations II Policy Studies" 30 April 2007. Web.3 August. 2021. <
https://www.paperdue.com/essay/policy-regulations-ii-policy-studies-38090>

"Policy Regulations II Policy Studies", 30 April 2007, Accessed.3 August. 2021,
https://www.paperdue.com/essay/policy-regulations-ii-policy-studies-38090

Related Documents
Policy Studies the Study of Public Policy
Words: 2628 Length: 10 Pages Topic: Government Paper #: 77093155

Policy Studies The study of public policy gained significant importance in the late fifties and sixties. However, policy science did not come into existence all of a sudden. It started to emerge when social scientists started researches on a wide range of sociopolitical problems. After the World War II, significant developments were made in the areas of operations research, economics and social psychology. These developments proved to be helpful in formulating

Policy Subsystems Iron Triangles and Subgovernments Compared to Issue...
Words: 3563 Length: 13 Pages Topic: Government Paper #: 84111929

Beyond Separation of Powers As high school students we all learned about the Constitutional separation of powers. With each of the three branches of government -- the judicial, executive, and legislative -- having the power to limit the power of the others, no one aspect of government could hold the American people hostage. This was the structure that the Framers put into effect to ensure that Americans would have an efficient,

Policy Problem & Proposal Policy Problem the
Words: 3462 Length: 10 Pages Topic: Economics Paper #: 4531209

Policy Problem & Proposal Policy Problem The United States faces a $1.4 trillion national deficit, and partisan debate about how to address it is threatening economic stability on top of the shaky "recovery" from the 2009 financial crisis. Yet American corporations continue to enjoy tax loopholes that reduce their taxes to unprecedented low levels. Republicans argue that corporations must retain their preferred tax status in order to maintain and create jobs. This

Regulation of Human Population in
Words: 2125 Length: 8 Pages Topic: Transportation - Environmental Issues Paper #: 68075094

The developed countries hence experience higher survivorship for most age groups resulting in a balanced and healthy reproductive structure. The age distribution needs to complement or mirror the high survivorship ratio as the extinction of even one age group is very much possible with a single unforeseen natural event (Begon et al. 2006). To illustrate the importance of a balanced age structure, consider this example. A huge carnival targeted for

Public Policy-Making Process Public Policy
Words: 2427 Length: 9 Pages Topic: Government Paper #: 15468360

The pluralist school is believed to have best "captured the dynamics of the bargaining process among different interest groups trying to influence the policy process, and between these groups and policy makers (Lindblom and Woodhouse, 1993; as cited by Rosetti, 1999) in the view of Lindblom and Woodhouse the limitations that exist in terms of limitations on knowledge is readily available during the electoral process in the U.S. These

Healthcare System of Norway Health Policy of
Words: 2750 Length: 8 Pages Topic: Healthcare Paper #: 99847946

Healthcare System of Norway Health Policy of Norway Analysis of Health Policy Pressures on Health Care Delivery High Cost Ageing Population Increased Diseases Waiting-time Prioritization The healthcare systems are developed to provide necessary healthcare facilities. It is also aimed to maintain health of their citizen in compliance with the state and international regulations. Norway is considered as one of the country, holding prominent place in global economy as well as growth rate and per capita income (Pontusson2011). It