Eighty years ago, Americans built the world’s tallest building–the Empire State Building–in 15 months. Today, we know much more about skyscraper construction than we did in the 1930s and you’d think we could build faster–but we can’t! Case in point, the World Trade Center, which took 13 years to re-erect following the 9/11 disaster.
John Stossel says all skyscrapers take longer to build today, because government’s rules and regulations bog them down. Stossel explains the problem persists in industries throughout the country, especially when politics sticks its ugly head in matters. He welcomes billionaire entrepreneur Peter Thiel to discuss the issue, who says, “Thank God the FDA wasn’t around when the polio vaccine was invented.”