National Association of Manufacturers (NAM)
Commentary
Cry Wolf Quotes
Under the proposed bill, industry is held guilty until proven innocent.
The Securities Act of 1933 created a serious obstacle to recovery, through its drastic regulation of the issuance of new securities by private enterprise. The Banking Act of 1933 created an additional impediment through the provisions of Section 16 prohibiting the national banks from participating in underwriting securities after June 16, 1934.
[T]he human factor is one of the most important causal elements involved in any accidental occurrence. It is estimated that 75 percent or more of all injuries from accidents result from a negligent or unsafe act on the part of the individual involved….The development of positive safety attitudes and safety effectiveness on the part of each individual employee is the most direct approach to the reduction of industrial accidents.
[The proposal would] involve undue interference in the work relationship…interfere with efficient management, and prove disruptive to good relations between employer and employees.
Evidence
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Regulations at Work: Five Rules that Save Workers’ Lives and Protect their Health
This paper looks at five worker-safety regulations that were tremendously successful in reducing employee injuries, illnesses and fatalities.
