Overregulation is a stranglehold on economic growth

Richard Hudson - Contributing Columnist

Last week, I traveled across the 8th District listening to hard-working employees, small business owners, farmers and families about the struggles and successes they’re seeing on a daily basis. Time and again, I heard about the impact of overregulation from an out of touch and out of control federal government.

One of my visits was to a manufacturing company in Montgomery County that took over a rundown foundry and turned it into the largest — and highest-paying — employer in the county. They voluntarily poured in millions of dollars to update equipment and improve safety for workers. They also worked with Montgomery Community College to offer free GED and job-training programs for their employees. Despite these successes, this company is at risk of being shut down because of new regulations that call for manufacturing companies like theirs to reduce emissions to such microscopic levels no technology on Earth can currently achieve it.

There was also the hotel owner in Fayetteville who employs hundreds of people, many of whom have worked their way up from front-desk clerks to management positions. Now, because of the proposed rule on overtime pay, these hard-working managers may be forced back to being paid by the hour instead of an annual salary. That means it’s going to be that much harder for folks currently in entry-level jobs to work their way up the ladder in the future.

Finally, there was the family in Concord who owns a couple of popular diners in our district. Because of sky-rocketing healthcare costs and the federal regulation redefining fulltime work as 30 hours, they’ve had to cut employee hours to keep their business afloat.

The most frustrating — and ironically, the most hopeful — part of this whole situation is, things don’t have to be this way. There’s a better way — a way in which we rein in runaway federal bureaucrats who churn out tens of thousands of regulations without a second thought as to how they’ll impact the average American who’s just trying to provide for their family.

If you disagree with an elected official, you can hold them accountable at the ballot box. But when some nameless, faceless bureaucrat in Washington puts out another regulation, we have little say. That’s why I’m working with representatives from across the nation to put forward a plan — A Better Way — to restore the checks and balances outlined in our Constitution. By forcing federal agencies to be more transparent, and through reforms like my Sunset Law and the REINS Act, we can force Washington to use common sense when it proposes new policies.

The American people are the most creative and innovative people in the world. However, overregulation puts a stranglehold on that creativity and economic growth. We need to loosen Washington’s grip on our job producers and focus on growing our economy instead of growing federal regulations — and that’s exactly what I’m committed to doing.

U.S. Rep. Richard Hudson, R-Concord, represents North Carolina’s 8th Congressional District, which currently includes Richmond County.

Richard Hudson

Contributing Columnist

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