No surprise a gross level of incompetence comes from within the public sector. The shocking stat has to do with the fact that there is no incentive in the public sector to behave responsibly and the number is astonishingly large.
These Shocking Stats will make even the most pro-government cheerleader scratch their head. A recent study of the # of regulations imposed by the Obama administration doesn't even seem in the realm of possibility. They did find a way though, and its why there's no economic growth