Wednesday, September 17, 2008

Government & Regulation

There are those who think the free market can take care of everything. Poison milk? Word will get out and people will stop buying it. Yes, but not before quite a few babies die or are injured.

For those who think big government is bad, and all this regulation is killing industry, you only have to look to China to see what things were like before the FDA. Look to China to see what covering up scandal and silencing critics does to the national psyche. Oh sure, their economy is booming, and U.S. capitalists complain that they can't compete because of regulation in the U.S., having to pay minimum wage, and all sorts of nuisance factors that have created our standard of living. But really -- does the U.S. want to revert to what it was like before the FDA ?

link to article on poison milk

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