Main rw point: regulations kill job creation

[Miigwech]

... NO THEY DON"T! Regulations create innovations. Just ask any industry ... auto, energy ... INNOVATIONS CREATE JOBS ... jobs of the future. Cancelling regulations is just a return to past failures.

[htuttle]

1. "Not nearly as bad as trade wars and tariffs do"

[Duppers]

18. Great comeback!

[rurallib]

2. For every regulation there is a valid reason that it was created.

Something that affected the quality or integrity of the product or service. Regulations don't just spring from thin air.

[Proud Liberal Dem]

3. Exactly

Are there one or two whom might be outdated or not useful anymore? Probably. But that's not obviously not a good reason to scrap a ton of them.

[exboyfil]

4. There is (or was) a procedure in place

to review Federal regulations for costs and benefits and recommend those that could be pulled.

It is meaningless to talk about regulations in the abstract. If it bleeds it leads - the Democrats need to identify regulations that by their elimination, or failure to adopt, led to societal costs.

[Miigwech]

8. We American's expect our Government to protect us and

create a better path forward.

[scarytomcat]

11. regulations ARE consumer protections

mostly

[ck4829]

5. A well-regulated industry will also spur investment into it

If a company has to play by the rules, there is less of an avenue for lawsuits if something goes wrong and corruption if they have to keep their books in order.

If I was an investor, I wouldn't want to put my money on some wild west situation.

(There was a paper I read that stated exactly this, I can't find it now though)

[KY_EnviroGuy]

6. Deregulation kills people.

.............

[Miigwech]

7. Yes it does. Deregulation is only for two things

allowing polluters to pollute more and corp cheats to capitalize on maleficence.

[KY_EnviroGuy]

10. As others said above, regulations came about through pain and struggle....

and virtually all were put in place to stop unsafe, unhealthy or corrupt practices based on harm that was already done.

Democrats need to cram the facts on origins of regulations down Republican throats and somehow educate the public on what they are losing when regs are taken away.

KY.......

[NewJeffCT]

9. Job creation has been mediocre under Trump

compared to the last 2 1/2 years of Obama, the first 2 1/2 years under Trump have been pretty weak.

And, Trump's numbers are WAY behind Clinton, Reagan and even Carter.

[onethatcares]

12. yeah, food safety regs

who needs em?

Think of all the healthcare insurance dollars that can be made by denying care to people sickened by tainted food.

Do i really have to use the "sarcasm" thingie?

[exboyfil]

14. Only when talking to a Republican

For them it is a business model.

[yonder]

13. Excellent post.

[genxlib]

15. Regulations might kill some jobs

But they create many more: inspectors, permitting agents, clerks, compliance officers, safety officers, building officials, environmental scientists, etc.

As an engineer, I spend about half my time dealing with actual technical issues and the other half dealing with compliance for various regulations for building codes, zoning, drainage districts, health departments, etc. My staffing needs go way down if regulation went away.

[onethatcares]

17. exactly, and the minute

a regulation cutting libertarian has something happen to their family, home or business due to something that should have been regulated or inspected, they scream that something has to be done to protect THEM.

As a carpenter I understand completely about tech issues and compliance.

Thanks.

[Iterate]

16. Nonsense. Then why are the most regulated nations also the most prosperous?

First of all, innovation is a function of education, population density, and culture. If anything, regulation drives innovation, as you said.

Top 10 nations patents per capita:
1 South Korea 2,962
2 Japan 2,250
3 Switzerland 1,013
4 Germany 902
5 United States 856
6 Finland 665
7 Denmark 539
8 Austria 489
9 Netherlands 444
10 China 396

For the US, 18/20 of the top states for patents per capita are blue and educated above the median. I take it that means the rw pundits would favor more college, less Jesus.

What innovation can't do is magically create jobs. It takes regulated, stable markets and expertise to get the innovation distributed and that means work. Those are also that nations and states with the highest wages and lowest unemployment.

Unless...those rw'ers are only talking about extraction industries, which is what I suspect. And we know that countries with unregulated, low wage extraction industries are among the most miserable in the world. Goodie, we can all now dig coal barehanded.