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To: zeestephen

None of what you say changes the fact, which is laid out in simple unemotive prose, that doing business in the US has gotten harder in the past eight years. I am not sure why you react so defensively to a report that urges the US to cut back on sclerotic bureaucracy and free up business from ever-more entangling red tape.

The report is hardly urging the imposition of Trotskyism after all.

The US economy is growing but that does not change the fact that it will eventually stop growing if government makes it harder and harder for businesses to do business.

There is no reason why it should be taking longer to get a construction permit or to enforce a contract, these are basic business tools and no advanced economy can remain so if it makes these things more difficult.

The article describes the report as “little known”, this may be so in the US but in developing countries this report is used as a benchmark for governments trying to encourage investment.

If the US is piling on ever more and more third world-style bureaucratic hassles and costs while third world countries like Indonesia or Brazil start slashing their red tape, well take it from me, it won’t be long before the third world countries become more developed and the US becomes more third world.

That seems like common sense to me.


10 posted on 12/26/2016 7:13:30 PM PST by PotatoHeadMick
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To: PotatoHeadMick
Re: “I am not sure why you react so defensively to a report that urges the US to cut back on sclerotic bureaucracy and free up business from ever-more entangling red tape.”

I totally support a free market laissez-faire business environment, and I come from five generations of small business owners.

In my original Comment, I challenged the veracity of the World Bank data and their political motivation.

If a publicly owned, for-profit, international bank compiled this survey, it would be much more believable.

In the mean time, I think America has the best corporate business management in the world, and I think the market value of our public corporations verifies my belief.

12 posted on 12/27/2016 12:31:08 AM PST by zeestephen
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