Bad for business
Commentary
The Great Regulation Charade
Cry Wolf Quotes
Let me state, first, that achievement of a standard of 2 fibers per cc is not, at the present time, technically feasible in all areas of our manufacturing operations. Thus, I cannot estimate fully the total final economic impact on our business, or the total final capital investment required.
Testimony submitted to this hearing by the Natural Resources Defense Council (NRDC) proposes a series of changes to federal environmental law that taken together can only serve to cripple American oil and natural gas production without attendant environmental benefits....The Committee – and more broadly the Congress – should summarily reject NRDC’s proposals. They follow the tired path of alleging to the Congress the need to change laws and regulations that do not follow NRDC’s world view and where NRDC and its allied professional anti-development organizations have failed to change the regulatory program through the normal processes or by appealing to the court system. This collection of proposals will have one clear effect – less exploration and production of American oil and natural gas and more foreign dependency. This is hardly an energy policy that makes sense of America.
The bill produces no protection for legitimate industry trade secrets, the disclosure of which would not be necessary to protect health or the environment.
Labor commissions, factory commissions and investigations, commissions on every subject in the Business Directory, have chilled capital; and when capital catches cold, labor freezes to death….Is the main cause of the lack of work hard to seek? Is it not that business has had too much interference from the state…too many everlasting commissions first prying into every man's affairs, and then telling him how to run them?
