Monte,

Let's talk about the growing impacts of taxes and regulation.

If you look at economic growth charts for America (or Germany, France, Britain, Japan, etc.) over the past 70 years as compared to their relative rates of taxation and regulation you will find a curious thing: an inverse, 98% correlation. In other words, the higher the taxes and the more regulations you have, the slower a nation's economy grows. When you compare to average household income the negative impact is even more dramatic and it has never been worse in America than under the deluge of regulatory growth and increasing tax rates of the past dozen years.

Regulations are taxes in disguise because of their associated compliance costs, which can be extreme.

Liberal politicians (including some who masquerade as conservatives) will tell you taxes and regulations aren't why the American economy is doing so poorly. Well, government economic data reveals that as a falsehood.