"I'm just a bill. Yes I’m only a bill. And I'm sitting here on Capitol Hill."
Over 40 years ago, a Saturday morning TV show called Schoolhouse Rock uniquely taught children (and adults) how the US government passes new laws and legislation in a lyrical cartoon with a catchy tune. Even in this animated lesson, the tremendous complexity of laws, regulations and directives is obvious. Yet most of us are challenged daily to negotiate mountains of legalese in order to conduct business.
In a new benchmark report produced by USFIA and Dr. Sheng Lu of the University of Delaware, executives ranked compliance with trade regulations among their top three concerns as they finish out 2016 and prepare for next year - an increase from the 2015 survey.