istartedacompanycalledblueblood.thisisforyou.icreatedanonlinemarketplaceforprofessionaltruckdriverswhentheyareinneedofworktomatchwithamotorcarrierwhoneedsadriver.wearejustrollingout.myconcernistheregulations.myconcernisforallindustries,whatcanwedowiththeregulationissuedtohelpusthroughthesephases?
youheardthepresidentwhenhestartedoff.hehasrolledbackalreadysomanyregulationstomakeitpossibletomoveforward.hewasonlylessthanadozendaysinofficewhentheexecutiveorderstatedforeverynewregulationyouwanttocreateyou'vegottogetridof2.ithinkthatisbringingdowntheregulatoryenvironment.ifeel--ihearthesamemessagewheni'mtouringthecountry.i'mvisitingeverydistrictoffice.there's68ofthem.iholdbusinessroundtables.theregulatoryenvironmentisclearlyonethatiscripplingalotofsmallbusinessesaswellaslargebusinesses.ibelievethatitisatrilliondollarsayearacostforallbusinessestocomplywithregulations.thatisatimeofmoney.alittleexample,justnowiwasinportlandandseattle,andalaska.thenicamebacktomilwaukee.wheniwasatasmallbrewery,theownersaidtheregulationsthatbothershim,letmegiveyouoneexample.hesaidiwanttolaunchanewbeer.wehadthebodyintheformula.hesentinthelabelanditwaskickedback.thelabelwaswrong.weresubmitted.itkickedbackagain.ifinallyfoundoutitwasa,missinginthetextonthelabelofthedescriptionoftheproduct.weweredelayedsixmonthslaunchingourproduct.youareasmallbusinesspersontryingtoreclaimthatsixmonths.thoseregulationswedon'tneed.