
“The Industry Wants This Regulation”
I am not going to tear into any particular legislation in this brief blog-rant, but in the last few weeks, as I have reached out to Republican legislators to ask them why they have authored, support, or have voted for legislation that increases regulation on a particular business or industry — I have heard the same excuse back — "The industry wants this regulation."
You know what I have to say to that excuse? Tough beans for them. Just because representatives from a particular type of businesses want to be regulated does not mean that they should be. Legislators should take into account factual information about the effects of regulations into account when examining a bill, but the number one question that should always be asked when considering a potential regulation is this: "Is this regulation absolutely necessary?"
In many cases, when "industry leaders" are looking for regulation of their own industry, it is for self-serving reasons. Perhaps it is to impose standards which they like but which then stifle competition as it may keep others who may not meet the same standards from taking some of their… Read More