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Overcoming a Mountain of Regulation

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    Members of the “Job Creators Alliance” on the growing impact of government regulation.

  • Duration 5:16
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Tonight we've been talking to CEO.

Many complain about today's new regulations.

The Occupy Wall Street protesters would say what regulations.

Business needs more regulation.

And it is natural.

-- think that a regulation will protect us from Green business types and the politicians and bureaucrats who impose them sure believe things will.

Rarely -- a step back and look at the cumulative total of what the bureaucrats to -- And as of this week were up to a 160000.

Pages of rules.

That's what it looks like you look at starter there's this you better read all of that or pay someone to read all of that.

The try to understand there you could be in big trouble.

And again these are just the federal rule states and towns have even more how could anyone possibly read all they hadn't.

Understand that follow these rules I know I couldn't but.

I assume these two successful CEOs can 'cause they're not in jail.

Brad Anderson -- best spot.

And Stephen Zelnick is chairman of Marietta materials so -- to -- all this.

Absolutely not.

It.

If you can't summarize it wanted to pages.

Probably not gonna stand anyway for the hire people who read -- but you have to Obey them.

You just said they want -- could be in trouble you you do for our people to understand them.

I don't I don't know anyone that reads the intimate details of all those regulations.

For two -- -- You grew Marietta materials to very big company from 450 million in revenue to 2.2 billion.

Could you do that today with all these rules.

We we couldn't grow same pace it would be impossible lot of strategy that we employed was to open and the -- operations.

I think would be lucky if we -- open 25% ones we opened -- just trying to overcome on the environment rules particular.

And could you have built best by the way you did with today's world now -- I was barely survive for experts point year man who is on the edge you know.

-- was it really does guts and then he had to pay for Louis yesterday there's no way we could Begin to do it.

So it's actually had an argument when one of our -- our government affairs think if it came to -- -- finds that we should resist these rules.

That's as intense as an America I want to resist those rules as a Best Buy executive amid favorable rules.

We acted against it -- the rules but.

The -- they crush the little 'cause they crush right -- -- -- some wanna compete with us can't because we can afford to hire the guys.

They can read this stuff and keep us in compliance with the law they can't.

And the politicians don't get that but one who finally did was George would go over yet ironically.

George.

George what he left office of this as a senator from South Dakota when and opened.

A hotel -- small bed and breakfast hotel and.

It's sort I wish during the years I was in public office I had this first -- experience about the difficulties businesspeople face.

Public policy does not consider.

Whether we are choking off business opportunity the growth of technology comes out of this country because of Internet freedom if we crash that we also -- Most of these politicians have never run any things they don't experience what they impose on others tell tell us how you.

Made Marietta materials so successful.

Which focused on people.

-- -- firm belief that what planet to planet it's it's it's planted that.

I really have firm belief that you get the right people together in.

-- -- -- -- notify them that they'll carry you forward to great success.

I thought it was a clever idea if on the new way to -- stuff we have novel strategy we implement it.

You ship things by water and rail and senate -- we began to -- which we saw the coastal areas growing there was no -- there and we set up to cut transportation costs with a rail.

Water network that was integrated and it's -- successful.

But it took us along tend to do -- that we had -- be very patient.

He's in the permit the environment so out of that was very difficult of coming in for large -- And -- now horrified by the EPA its costs but you were big supporter -- VP.

I was plan of the EPA -- lived in two areas where I got to experience really there and watch.

And this country clearly need to be cleaned up and unlike the B -- -- great job that.

We're point now and it's been that way for some years where.

We're well past it.

They keep flaring on -- on Larry on.

It's become self serving it wants for its own special interest and I would suggest -- -- that the primary taxing agency the United States government is not the -- -- Actually rules and regulations.

That we talked about crushing small business -- There's no way the small business person can either understand or iphones were.

It's supposed to lower level that corporations can handle this in it is competitive advantage for large corporations thank you Steve Zelnick Brad Anderson.

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