A good example is the 2700+ page Obamacare bill.
Originally Posted by Munchmasterman
A good example of what, exactly?
Seems to me that it's a good example of the sort of crap you get when politicians try to do things such as attempt to adorn a bill with all sorts of junk designed to make it less objectionable to senators in swing states. The health care "reform" bill is ridiculously arcane and staggeringly complex. We were told by budget director Orszag in 2009 that it would "bend the cost curve down." But it obviously does just the opposite. It expands and subsidizes an inefficient, third party-payer system where no one has any incentive to control costs. And a lot of investors and business owners feel that the overhang of uncertainty inherent in all the new taxes, mandates, and rules acts as an impediment to economic growth and job creation. Is it any wonder that so much capital has decided to take an extended vacation?
It's been estimated that the IRS will have to hire about 16,000 new agents in order to make sure that all the new provisions will be enforced. Great. Let's make the tax code even more complicated!
Besides, if the health care plan is so great, why have so many politically-connected businesses and organizations sought waivers so that they can be exempted from it?
And are any of you guys going to try to defend Dodd-Frank?
Speaking of things written by "career bureaucrats", how about the tax code? Great work, folks!
A number of libertarian economists (John C. Goodman, for one) have described various methods whereby we could provide near-universal health coverage while controlling costs, and without creating a monstrous level of perverse incentives and disincentives.
(Oops! Sorry, my bad. We certainly shouldn't entertain the thought of letting anything resembling
market forces fuck up opportunities for bureaucrats and Capitol Hill power barons.)