Quote of the day

It's the regulation, dummy:

Regulation has a far higher impact on the life, quality of life and wealth of the citizenry than does taxation and transfers.  Depending on how whether you use conservative or radical estimates and how bad your tax bracket is, the numbers are somewhere between 2x and 40x differences.  Anyone talking about government problems in terms of transfers is playing in the kiddie pool.

There's more which explains in part the deep pit of FAIL that the GOP is stuck in.  RTWT.