Politicians also have a love affair with the 'small business exemption.' Too much paperwork? Too heavy a burden? Not enough time? Just exempt small businesses from the rule. It sounds so pro-growth. Instead it's an admission that the costs of a regulation just can't be justified.

For most Americans, Friday afternoons are filled with positive anticipation of the weekend. In Washington, it's where government officials dump stories they want to bury. Good news gets dropped on Monday so bureaucrats can talk about it all week.

It doesn't take Warren Buffett to realize that when companies don't know what new rules will look like, it affects their ability to commit capital and create new jobs.

John Sununu Quotes