A Year of Regulatory Abuse: The 10 Worst New Rules of 2010

Diane Katz /

Red tape chokes economic freedom

The year 2010 will stand as a watershed in regulation. In all likelihood, government at every level imposed more dictates on more facets of citizens’ lives than ever before, from the timing of stock trades to the proper size of showerheads. Lawmakers and regulators construct complex cost–benefit calculations to justify the rules, but they never account for the erosion of liberty inherent in each and every one. Some regulations are far worse than others, of course, exacting disproportionate costs—fiscal and otherwise. The 10 listed below rank as particularly egregious, and all deserve a swift demise in the year to come.

1. There hardly could be a more inapt title for the Obamacare legislation than the “Patient Protection and Affordable Care Act.” Neither protection nor affordable describes the federal government forcing Americans to buy specific types of health care coverage from particular types of insurers. For sheer constitutional insult, the individual mandate ranks among 2010’s worst regulations. (more…)