Thursday, February 10, 2011

Should we care when business complains about burdensome regulation? Not a lot

"By definition, a regulation is a government requirement that business uphold responsibilities to the public at large that, left to its own devices, business would rather avoid. If business leaders were naturally inclined to sacrifice their companies' narrow interests whenever these conflicted with those of the general population, regulation would be unnecessary....

"The idea that the business world's needs get ignored in Washington is perpetuated by business so it can fulfill even more of its needs, real or imagined. To take it at face value, as Issa at least pretends to do, is pure fantasy."

Darrell's Delusion - Slate

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