Cry Wolf Quotes
Senator Ervin calls the CPA [Consumer Protection Agency] bill ‘the most dangerous piece of legislation ever presented to the Congress.’ He warns that the head of CPA would have ‘the most tremendous powers ever granted to any many in the history of the United States.’… And he reminds everyone that ‘government is a parasite.’
It is unreasonable to assume that existing bureaucratic lassitude will be corrected by establishing another layer of bureaucracy.
‘Consumer interest’ is an amorphous concept, made up of many competing elements, and the CPA [Consumer Protection Agency], time and again, will be called upon to make paternalistic judgments as to what is best for 200 million American consumers.
This approach assumes that all consumers want the same thing. As others have pointed out, the ‘consumer interest’ is not a monolithic interest which is easily identified. While some consumers may want safe, high quality products, other consumers may wish to sacrifice these qualities for a lower price tag.