All I’ll say is if you look at countries where it is – where they are rapidly growing, they’re investing in their infrastructure. They’re investing in their educations. They are trying to streamline regulations, but they’re not neglecting key investments.
As presidents from Ronald Reagan to Barack Obama have recognized, the real question is whether regulations, whether new or old, are justified. That requires a careful analysis of their costs and their benefits.
You could have 50 different states having 50 different regulations… until they were all litigated out.
We should really focus on an American First agenda, and these climate pacts and climate regulations have been designed to not necessarily give American workers and the American environment a head start. It really gives our competition a greater ability to compete internationally and disadvantage American companies.
Under the rule of law, if the government wants to prevent firms from outsourcing and offshoring, it enacts legislation and adopts regulations to create the appropriate incentives and discourage undesirable behaviour. It does not bully or threaten particular firms or portray traumatised refugees as a security threat.
Reasonable regulations are essential to protect consumers from harmful practices and ensure that consumer financial markets operate in a fair, transparent, competitive manner.
I would think that to say ‘regulations cost jobs’ or ‘regulations create jobs’ is too simple, and we need to look at the regulation.
One of the great things about technological innovation is that we haven’t found out a way to make it partisan yet, and so we can actually bring Republicans and Democrats together to use innovative technologies to generate a cleaner environment, and we don’t need excessive regulations to do it.
Even when safety guidelines and regulations are in place, the rate of chemicals acceptable by law may be far higher than what is genuinely safe.
Our biggest fear is that ‘Food, Inc.’ will move heavy-handed food-safety regulations forward.
The comparison to the old world is something to get excited about. We have the potential for more choice and innovation, and a different regulatory environment that doesn’t place as much weight on economic regulations of terms and conditions.
Since the 1920s, when some U.S. cruise ships decided to fly a Panamanian flag to avoid Prohibition regulations, ships have commonly flown the flag of countries foreign to their owners. The benefits are obvious: lower taxes, laxer labor and safety laws.
