The first is universally valid economic and other laws, which no government regulation can put out of operation. The second is the existing political, economic and civic structures: if they are to be preserved, government regulation must not encroach on them.And the third is the values of society: the more government regulation is at odds with the values of society, the greater the likelihood of covert and overt non-compliance.Hence, there is an important difference between effective government regulation and nominal government regulation.nd the third is the values of society: the more government regulation is at odds with the values of society, the greater the likelihood of covert and overt non-compliance. Hence, there is an important difference between effective government regulation and nominal government regulation.
Notes: If Congress failed to pass a federal budget or a continuing resolution for fiscal year 2014, the corporation would remain open during a government shutdown, and its employees would report to work.
It may be the first time in 17 years for the federal government, but states are no strangers to government shutdowns. Take Minnesota. For 20 days in July 2011, the Minnesota state government shut down, according to a state report. Nearly 200,000 staff hours were redirected from normal duties to preparation for and recovery from the shutdown. And more than a million pieces of correspondence were sent out at a cost of $552,000.