Costs will rise
Cry Wolf Quotes
All told, some 16 million or more jobs will be needed in the next seven years. The statistics on the recovery from the 1974 recession indicate that such job creation is achievable. The major problem is to accomplish this goal through sound economic recovery and growth without increasing inflation or discouraging hiring by adding to labor costs.
Additional money spent on secondary cleanup standards is not going to make that much difference in air quality, but it will hurt the American steel industry….In short, if it did not have to meet environmental requirements, the steel industry would have the capital to increase its annual shipments from 92 million tons in 1981 to 105 million tons in 1990….The need to meet future environmental requirements will reduce this expansion to 96 million tons.
[There is] no demonstrable need for the program.
The ordinance would cost the city [Chicago] nearly $20 million per year. The city would spend more than 20% of this amount ($4.2 million) on the administrative costs of certification, monitoring, and enforcement of the ordinance. This $20 million cost would require a permanent tax increase on citizens of Chicago.
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.
