Was having a conversation with my wife a while back. She's the office manager at a violin shop. Same job for 25 years. When she first started the cost of compliance took about 20% of her time - insurance, health care, workman's comp, unemployment ins, taxes, OSHA, even environmental regs - because they have a dumpster - city, state and fed, etc. Now about 30% of her time is filled on compliance. That's a 10% loss in her productivity and a similar loss to her employer's and the nation's bottom line. Meanwhile, there are probably 10% more bureaucrats working for all various agencies checking her work for any errors or evidence of non compliance. That doubles the nation's loss on her productivity. This is just one woman at one little company. Imagine the loss on a Hundred million workers. The long and short of it is there is too much regulation in America. That's a big part of why we can't compete.
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Today's Featured Article - Tractor Hydraulics - The Basics - by Curtis Von Fange. Hydraulics was one of the greatest inventions for helping man compound the work he can do. It’s amazing how a little floor jack can lift tons and tons of weight with just the flick of a handle. What’s even more amazing is that all the principals of hydraulic theory can be wrapped up in such a small package. This same package applies to any hydraulic system from the largest bulldozer to the oldest and smallest tractor. This short series will take a look at the basic layout of a simple hydraul
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