National Association of Manufacturers (NAM)
Commentary
Cry Wolf Quotes
…it still is true that the young people of today in this country look to the people who have succeeded in spite of every handicap such as that, as their inspiration for doing things. I think we do not want to kill off that spirit of individualism. I use the term ‘individualism’; I know it is sneered at a lot, but I know if is still a respectable term and I think we ought to cultivate it instead of sneering at it.
I assure you, Senator Javits and others are dead serious in this frontal assault against our free enterprise system. Make no mistake about it, we are talking survival.
Removing the caps on damages sought by plaintiffs would likely prompt employers to protect themselves by purchasing expanded legal liability insurance. That added burden of insurance would increase the cost of doing business in the United States and may result in a reduction of employees’ wages and benefits and/or the hiring of fewer workers.
The principle of equal pay for equal work performance within the wage structure of business establishments is sound. Pay for individuals, allowable within the company’s wage structure, is soundly based when work performance, irrespective of age, sex, or other personal factors is considered.
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.

