Bureaucratic overreach

Bureaucratic overreach

Cry Wolf Quotes

‘Consumer interest’ is an amorphous concept, made up of many competing elements, and the CPA [Consumer Protection Agency], time and again, will be called upon to make paternalistic judgments as to what is best for 200 million American consumers.

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Lawrence Kraus, executive of the Consumer Affairs Committee of Chamber of Commerce, Testimony, Legislation and Military Operations Subcommittee of the House Government Operations Committee,Chamber of Commerce Presentations to Congress.
10/09/1973 | Full Details | Law(s): General: Consumer

[Social Security will ] impose a crushing burden on industry and labor [and] establish a bureaucracy in the field of insurance in competition with private business.

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Republican statement on the Ways and Means committee vote.

[The ergonomics standard is] the most expensive, intrusive regulations ever promulgated, certainly by the Department of Labor and maybe by any department in history.

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Sen. Don Nickles (R-Okla.) assistant majority leader. The Los Angeles Times.

It is simply wrong-headed policy…[Federal and state banking regulations] require or aggressively nudge banks into subsidizing parts of the community [The proposals] would only aggravate the problem.

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Lawrence J. White, a professor of economics at New York University's Stern School of Business, New York Times.