Costs will rise
Cry Wolf Quotes
The owners of real property are becoming terrified by the number of laws which have been enacted affecting real property in New York City…in each succeeding year there is a law passed…This compels the owner to expend…large sums of money, which…are absolutely needless and useless.
All too often such well-intended Federal programs simply fuel the flames of spiraling health care cost inflation, diffuse the concentration of limited Federal dollars on the truly medically needy who must rely on Government entitlements for any medical care, and exacerbate the rising uncontrollable element in the Federal deficit which we must get under control if we are going to put people back to work—which is the real objective that would meet the problem addressed by this committee.
I wonder do the American people ever stop to realize that these social uplifters are one of the chief causes of the high cost of living. If they had their way a can of tomatoes instead of costing 12 cents would cost at least 50 cents. This is the inevitable result of their endeavors.
Legislation likely to result in higher interest rates for consumers is not the answer. [This bill] would broadly constrain the ability of financial institutions to price risk, likely resulting in less access to credit and in higher interest rates for consumers.
Evidence
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Regulations at Work: Five Rules that Save Workers’ Lives and Protect their Health
This paper looks at five worker-safety regulations that were tremendously successful in reducing employee injuries, illnesses and fatalities.
