John Stossel on How American Dreams Are Stifled by Government Regulations


National Archives and Records Administration

In the United States, it's OK to fail and fail and try again. Some of America's biggest successes came from people who failed often. Henry Ford's first company failed completely. Dr. Seuss's first book was rejected by 27 publishers. Oprah was fired from her first job as a reporter. 

They all kept striving—and succeeded. But those happy experiments are less likely to happen today, John Stossel writes. Now there are many more rules, and regulators add hundreds of pages of new ones every week. And the more the government "protects" us, the more it puts obstacles in the way of us trying new things and taking new chances.