401kRollover Blog

2014 saw U.S. citizens faced with a colossal debt of $1.88 trillion, thanks to imposed federal regulations. This works out at $14,976 for each and every U.S. household. Put into perspective, the U.S. federal regulations of 2014 would equate to being the world’s 10th largest economy – slightly smaller than Russia’s, but larger than India’s. With the introduction of 81 new Obama-led regulations last year alone, on average, each U.S. family lost 29% of their income in 2014.

If you believe that U.S. families, let alone businesses, can simply just not absorb this scale of government regulation, please Like & Share this post.