Chamber of Commerce
Commentary
The Chamber of Commerce Does Not Care About Unemployment
Cry Wolf Quotes
We are about to place a mandate on our struggling employers that does not exist in 48 other states. This is not a welcoming message to companies looking to expand here or explore New Jersey as a place of investment.
This has a chilling effect on an employer's exercise of his right to appeal and is thus a blatant denial of fundamental fairness.
The real worry is that these new rules and regulations do not create a risk factor or a timidity that is so severe that... they sit on the sidelines worrying more about rules and regulations than they do about making money.
The class action concept is misdirected and does not meet the overriding need of establishing a workable method to prevent frauds and deceptions. At best, class actions are only remedial to the consumer. At worst, they are a deceptive promise of prevention which the consumer is unlikely to see fulfilled. This is especially true of the low-income consumer who is the typical prey of unscrupulous operators, particularly in inner-city areas.
Backgrounders & Briefs
Industry Repeats Itself on Financial Reform
As the nation approaches the first anniversary of the Dodd-Frank financial reform law, opponents are claiming that the new measure is extraordinarily damaging, especially to Main Street. But industry’s alarmist rhetoric bears striking resemblance to the last time it faced sweeping new safeguards: during the New Deal reforms. The parallels between the language used both then and now are detailed in a report released today by Public Citizen and the Cry Wolf Project.
Resources
U.S. Chamber Watch is a watchdog organization focused on the U.S. Chamber of Commerce's agenda and influence.
