Let’s get this straight. We hire University Law Students right out of college to work in the State and Federal Bureaucracy as Regulators. To attract this talent we offer to pay for some of their tuition loan costs. We purposely hire these so-called ‘hard workers’ because it’s hard to keep current regulators when those regulatory employees are always offered jobs by large corporation at much higher pay and with good benefits. These young employees are outgunned and outmatched by their former managers within the bureaucracy who definitely know the ropes and now work on the other side (revolving door problem is alive and well in our regulatory bureaucracies).
Most of these law students come into their regulatory jobs having been brainwashed that corporations are bad, the top 1% are bad, capitalism is evil, and they can fix the world by regulating the enemy. That’s the big problem I see with our regulatory bureaucracy, and mind you as a former franchisor of a nation-wide company, I got to see this nonsense first hand – it was disgusting. Often when the regulators didn’t have a case, they would investigate and investigate until they could create one and oh so proud of themselves for doing so.
Manufacturing (dot) net had an interesting article titled; “Feds Move Forward On Asking States To Track Car Emissions,” by Kathleen Ronayne of the Associated Press which stated: “Federal officials requiring states track vehicle emissions on federal highways, after months of delays California & 7 other states sued. The rules require state DOTs to track on-road emissions of greenhouse gas emissions by looking at gas purchased & miles traveled on federal highways. States must then set emissions targets. Emissions from cars, trucks are 27% of the total greenhouse emissions.
No, I don’t rely only on what I read to form my opinions or cloud my observations, you see, I’ve personally experienced the blob of bureaucracy countless times in my business career. What prompted me to write this article was that I was cleaning out some old paperwork from one of my businesses, old stuff that is no longer relevant. The volume of paperwork was unnerving, the amount of time previously spent unfathomable. Sometimes when you are in the middle of it all, you don’t realize it, but now looking back – OMG! Think of all those hours and dollars spent, money and time, I should have been using to expand my business.
Of course, I know that no one in the regulatory bureaucracy cares, after all, they don’t even believe in capitalism, free markets or my right to free contract. Amazing, that our population is so naïve to think we need more regulations on businesses, yet complain about prices, jobs, economy taxes, or their slow moving investments.