Costs will rise
Cry Wolf Quotes
But the governors of Connecticut, Delaware, Maine, New Hampshire, New Jersey, New York and Vermont are still in the compact, ready to impose a heavy economic burden on their citizens.
Here is what they haven't told us: The Education Department will borrow money at 2.8 percent from the Treasury, lend it to you at 6.8 percent and spend the difference on new programs. So you'll work longer to pay off your student loan to help pay for someone else's education -- and to help your U.S. representative's reelection.
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.
[The] procedures required are too costly and non-productive to industry, making New Jersey a less competitive location for manufacturing.
Evidence
-
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.
