Chamber of Commerce
Commentary
The Chamber of Commerce Does Not Care About Unemployment
Cry Wolf Quotes
Exercising such authority, of course, would require an enormous federal policing force, perhaps in the thousands. Already, employers, in their long-standing voluntary programs to make their plants safer, scratch hard for qualified safety experts. Labor Secretary W. Willard Wirtz blandly explained to Congressmen that getting people would be no drawback. He said he could staff his safety policing team with the hard-core unemployed. These presumably would then show up as federal ‘inspectors’ armed with power of life or death over your business.
…the chamber remains committed to sound policies that will improve the economy and promote employment. We also remain committed to promoting the solvency of the States’ beleaguered unemployment insurance fund….First, the problem of lack of health insurance for the unemployed will abate as the economy continues to improve and unemployment is reduced. A continuation of the trend toward a reduction in taxation, regulation, and interest rates will help to achieve the dual goal of fuller employment and protection against health care costs.
[L]egal costs alone of defending against class actions will impact disproportionately on small enterprises which rarely have the resources to employ the staff counsel uniformly found among larger companies.
A little bit of knowledge is a dangerous thing. We’re dealing with an enormously technical matter that the public doesn’t understand at all, that I don’t understand at all.
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
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