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Liberal_Jihad_Cover.jpg Forward USA

Thursday, April 12, 2012

Sclerotic Government Regulation

Governments can do few things as well as private businesses operating in a free-market economy.  Competition and full recognition of costs is the only effective way to innovate successfully, witness the failed Solyandras that populate Comrade Obama’s state-planning vision.

After 9/11 Congress decided that the Federal government should control air travel safety, locking into place early technologies and methods that have worked to stifle innovation.  Even super-socialist San Francisco has opted out of the Transportation Safety Administration’s grip and handed airport security to a private company, with much improved results.

Forbes magazine reports on another warping effect of Federal regulatory straitjackets:

How A Dumb Law Blocks A Great Way To Fuel America