Entrepreneurs are constantly developing new technologies and services. But too often, they're unable to bring them quickly to market for consumers because regulatory inertia stands in the way. Unfortunately, the FCC can suffer from this government-wide problem.
Many people who try to do big bold things in the world find out it's not about the money or the technology: It's about the regulatory hurdles that will try and stop you.
Roy Hill had to achieve more than 4,000 approvals, permits, and licences and more again for construction. The delays and costs of this were not only humungous and waste of human resources but did nothing to assist productivity.
The tax code was so complicated that it took so long to master it that one lost the will to reform it.
The sum of all the current regulations presents ever increasing hurdles.
Our own bureaucracy should not and cannot get in the way of our efforts to get people sheltered.
Developing countries often have hypertrophied bureaucracies, requiring businesses to deal with enormous amounts of red tape.
When I travel around the country, I see great companies with new ideas and a can-do attitude. But too often they are in hand-to-hand and pen-to-paper combat with officialdom.
Technology will always win. You can delay technology by legal interference, but technology will flow around legal barriers.
When I visit local communities, people often complain that they need the approval of several dozen government departments to get something done or to start a business, and people are quite frustrated about this.
Sometimes I feel like there isn't enough Prozac in the world to make Environmental Protection Agency people feel better about their jobs. They're going out there, they're trying to protect Americans and then time and time and time again they get their knees cut off at the policy level.
We survey companies and ask them what the barriers to export and import are. Once we map these barriers, we sit down with the companies on one side and the government and regulatory agencies on the other and help them identify obstacles to trade and what has to be done to tackle them.
