The cost of all these regulations and compliance audits, at the entrepreneur level alone, is $30,000. It costs a heck of a lot more as you move up the chain.
The entrepreneurs cannot afford this.
As a result, the entrepreneurs’ dreams of starting their own businesses die on the vine. They now must go back into the depressed job market to (not) find a job.
Sixty other jobs that would have been created by these entrepreneurs never get created.
The money these employees would have spent never enters the economy.
The commission I would’ve earned by brokering the deal is never earned, so that money never gets spent into the economy