A government is vital to a country’s well-being; however, it cannot have the ability to prosper under the aforementioned detrimental circumstances. Ronald Reagan once said: “Government exists to protect us from each other. Where government has gone beyond its limits is in deciding to protect us from ourselves” (Tanner 1). Strong government is not attempting to harm the citizens it covers. It is trying to protect them from the dangerous elements of the world. However, as the regulations begin to pile up, the restraints on the act of creating them becomes more flexible, thus allowing for even more regulations to be created (Sowell 420). The domino effect is incredibly daunting as the pages of federal regulations continue to grow as the years go on, and security on all features of the economy and society. Moving on to the argument that federal regulations are incredibly beneficial to the US economy and society. Economically, regulations on the minimum wage would most likely decrease the wage gap between minimum and median wage of Americans. If the government was to also regulate the overtime pay system, the 1.1 billion dollars in stolen wages would decrease significantly because restrictions could prevent these stolen wages through increasing the penalties for violation of such regulations on labor
A government is vital to a country’s well-being; however, it cannot have the ability to prosper under the aforementioned detrimental circumstances. Ronald Reagan once said: “Government exists to protect us from each other. Where government has gone beyond its limits is in deciding to protect us from ourselves” (Tanner 1). Strong government is not attempting to harm the citizens it covers. It is trying to protect them from the dangerous elements of the world. However, as the regulations begin to pile up, the restraints on the act of creating them becomes more flexible, thus allowing for even more regulations to be created (Sowell 420). The domino effect is incredibly daunting as the pages of federal regulations continue to grow as the years go on, and security on all features of the economy and society. Moving on to the argument that federal regulations are incredibly beneficial to the US economy and society. Economically, regulations on the minimum wage would most likely decrease the wage gap between minimum and median wage of Americans. If the government was to also regulate the overtime pay system, the 1.1 billion dollars in stolen wages would decrease significantly because restrictions could prevent these stolen wages through increasing the penalties for violation of such regulations on labor