Every time we see huge lay offs in the manufacturing sector, whether it is the Textile Industry or Heavy Industries, we need to look no further than the over regulation which caused it. Over regulation, incessant lawsuits and labor costs are killing the American Industry. The problem with laws, rules and regulations, even good ones is that once you make one; the temptation to make more on top of that is just too great for mêlée mouthed podium pushing bureaucrats and politicians controlled by law firm based "K-Stree” lobbyists to leave well enough alone. So we need to take a "red magic” marker to the regs here that are not needed and make an additional rule. That is;
"No rule can be made until two come off the books”
Without that level of commitment to the process we will slide backwards in the world markets and end up like France. And while France perhaps should not be singled out for their unemployment and financial disaster and incompetence, we will use them as an example never the less for this article of mine
If we do not reduce the minutia and can some of these lawyers, then we can expect a further decline in the United States Manufacturing Sector. Because as it stands now, we really do not make anything in the United States anymore; well, except hamburgers I guess? Think on this in 2006 if your job sails for foreign lands without you?
"Lance Winslow" - Online Think Tank forum board. If you have innovative thoughts and unique perspectives, come think with Lance; http://www.WorldThinkTank.net/wttbbs/