He noted in his speech, which was part of a panel on the growth of the administrative state in the U.S. sponsored by the organization, that the “explosion of power” within the Obama Administration is having a negative impact on ordinary Americans already struggling to make ends meet.
“Part of the problem when you have this vast Byzantine mess – it becomes impossible to even know what the thick is,” Cruz said.
He also blamed Obama’s excessive government regulations for the economy only growing by 0.9 percent in the last four years, noting that the little guys and small businesses just starting up are the ones most affected by the burdensome regulations.
“When you’re putting nearly $11,000 per employee in regulatory burden on brand new startups, that has a predictable impact of killing innovation, killing entrepreneurship and killing jobs,” Cruz said.
Cruz even brought up a recent conversation he had with a Texas small business owner in which he admitted he was unsure about what she should do to comply with President Obama’s Patient Protection and Affordable Care Act, a.k.a. Obamacare, because of the 20,000+ regulations already written into the law.
“How on earth is the average citizen supposed to even know what’s in there, much less figure out how to apply,” he said.
The speech was not without its lighthearted moments, however. Cruz joked early on in his speech that everyone present at the event was subject to an IRS audit just for showing up.
“Unfortunately, having come from Capitol Hill I’m obliged to start by letting everyone know that by virtue of being here, tomorrow morning each of you will be audited by the IRS,” he said to a round of laughter. “But I appreciate the courage in here nonetheless for associating yourself with a group that if it hasn’t been targeted is still a ‘rogue group of dissidents’.”