Leave it to the market
Cry Wolf Quotes
The broadly and vaguely worded administrative and enforcement provisions of [the bill] would authorize extensive governmental intervention in labor-management relations far exceeding the purported evils at which this legislation is allegedly directed. Such provisions, moreover, effectively give the Secretary and his agents an unlimited license to destroy the wage structures which both management and labor have worked for years to develop….The exercise of such unlimited powers could not but grievously and irreparably injure labor management relations throughout the Nation.
“This plan forces us to buy our insurance through new mandatory government health alliances…” (Louise) “Run by tens of thousands of bureaucrats…” (Harry) “Having choices we don’t like is no choice at all…” (Louise) “They choose, we lose” (Together).
The coal industry accepts its responsibilities for the safe operation of its mines and where regulation achieves greater safety, we have no quarrel. But, where it does not enhance safety, we believe that Federal regulation is misplaced and counterproductive. Rigid, inflexible, thoughtless regulation, no matter how well intended, can have a plainly detrimental effect on achieving a safe, efficient, and productive coal industry. It’s the overregulation and enforcement of the Act as an end in itself that has caused the coal industry most of its problems…
For years now we have moved inexorably toward a larger and larger share of resources being absorbed by government. This has translated into a greatly expanded role for government in business, society in general, and in our personal lives. Obviously, this involvement has carried a price tag—which has translated into fewer resources available for more productive use in the private sector.
