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File photo. U.S. Rep. Bob Latta. (Photo: J.D. Pooley/Sentinel-Tribune) |
Speaking to about 20 members of Ohio's chapter of the National Federation of Independent Business at the Holiday Inn French Quarter, Latta said excessive federal regulations when applied to small businesses is like putting a round peg in a square hole.
He shared the story of a company that hired an additional employee to serve as a compliance officer, prompting other workers to pick up the slack created by paying for an additional position that doesn't boost productivity.
"The other 10 employees are going to have to work 10 to 15 percent harder just to make up for the regulations that were imposed on that company that had to get a compliance officer," Latta said. "That's what we're seeing across the country."