On the campaign trail, Republican presidential hopeful Rick Perry is spreading the gospel of Perrynomics—a magical job-creation formula based on minimal government regulation of industry, combined with tiny tax rates and tight controls on lawsuits. In a state that seems inclined to cannibalize its own government, this agenda plays well. But a closer look reveals the high price of low regulation.
In recent months, politicians in both parties, including the White House, have claimed that scaling back regulations would unleash economic growth, suggesting that businesses should be liberated from rules that protect the environment, occupational health and other public interests. But a new analysis by Public Citizen presents a few unsung gems of federal bureaucracy that help keep us happy, healthy and sane. Several of these regulatory chart-toppers, not surprisingly, were enacted in defiance of heavy political pushback:
Clearing the Air. Since the days of the Lowell mills, so-called “brown lung” has been a hallmark of the miserable toil of poorly ventilated, dust-clogged textile factories. The disease, also known as Byssinosis, has historically hit women especially hard, spreading its signature coughing and lung scarring to thousands of workers around the world. The epidemic was virtually ignored until the 1960s and 1970s. Then came OSHA’s 1978 rule requiring more lung-friendly machinery, and within a few years the prevalence of brown lung in the industry fell by an estimated 97 percent. And employers’ grumbling about the “costs” of the rule faded when it became clear that the reforms improved the industry’s efficiency as well. Read the rest of this entry →