Patrick McLaughlin

Why does everything cost more today? It’s not just inflation. Regulation quietly acts like a hidden tax across the economy. Every extra freight mandate, permitting delay, compliance burden, and transportation bottleneck raises costs for: food energy housing consumer goods In Episode 169 of the Let People Prosper Show, I talk with @EconPatrick of the @HooverInst to break down how excessive regulation slows growth, weakens productivity, and raises prices for everyday Americans. Good policy should focus on measurable outcomes—not symbolic rulemaking. 1/

Here’s @TransportGOP Chairman @RepSamGraves taking apart the so-called “Railway Safety Act.” “When the price of your energy goes up, this is why. When the price of your food goes up, this is why. When the price of your lumber goes up, this is why. Everything is going to go up.”