Chamber of Commerce
Commentary
The Chamber of Commerce Does Not Care About Unemployment
Cry Wolf Quotes
This bill is the greatest piece of idiocy to come down the pike in quite a while. You know, people wonder why we’ve lost 145,000 jobs from Philadelphia in the last 20 years. If people would spend as much time trying to help develop industry in this city as they have trying to fight it, we’d be a lot better off.
Clean air, land and water are vital to all of us. But so are jobs, food, clothing and housing. We have to weigh the total impact on the environment along with the economic and social costs in order to clean up.
[The legislation to permit consumer class actions] “is only nominally an act ‘to extend protection against fraudulent or deceptive practices.’ It is more accurately an act to line the pockets of ingenious attorneys. If this bill passes, the lawyers will be in high cotton; their client consumers will be still hoeing the short row.
[The bill] raises taxes on a narrow sector of the U.S. economy with the aim of funding a broad-based entitlement program, which is grossly unfair and burdensome to American businesses and consumers.
Backgrounders & Briefs
Industry Repeats Itself on Financial Reform
As the nation approaches the first anniversary of the Dodd-Frank financial reform law, opponents are claiming that the new measure is extraordinarily damaging, especially to Main Street. But industry’s alarmist rhetoric bears striking resemblance to the last time it faced sweeping new safeguards: during the New Deal reforms. The parallels between the language used both then and now are detailed in a report released today by Public Citizen and the Cry Wolf Project.
Resources
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