Chamber of Commerce
Commentary
The Chamber of Commerce Does Not Care About Unemployment
Cry Wolf Quotes
[The bill would ensure] ‘Another vast Federal bureaucracy’ with an annual budget beginning at more than $1 million and the addition of 240 employees to Uncle Sam’s payroll. The organization suggests the ladies pursue their crusade through the collective bargaining process, rather than through legislation.
The House of Representatives has “chosen to put the unreasonable damage awards and attorney’s fees above the needs of employers and employees.”
One month [after the law took effect] a special edition of the Federal Register was published containing close to 250 pages of safety and health standards. Businessmen were given three months to familiarize themselves with these standards before the majority of them were to be effective.
In other countries, the problem is handled by taking the necessary sum each year from the current taxes. Otherwise the load would get so big as to be a menace. On the other hand, if industry is burdened with too heavy taxes, the result may be more unemployment in the future, killing the goose that lays the golden eggs.
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.
