Let’s clear this up. We hire law students fresh out of college to work in state and federal bureaucracy as regulators. To attract this talent, we offer to pay part of the costs of your tuition loan. We deliberately hire these so-called ‘hard workers’ because it’s hard to keep current regulators when big corporations always offer such regulatory employees jobs at much higher wages 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 (the revolving door problem is alive and well in our regulatory bureaucracies).
Most of these law students enter 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 national company, I got to see this nonsense firsthand – it was disgusting. Often when regulators didn’t have a case, they would dig and dig until they could create one and were very proud of themselves for doing so.
Manufacturing (dot) net had an interesting article titled; “Feds move forward by asking states to track auto emissions,” by Kathleen Ronayne of the Associated Press, who stated, “Fed officials require states to track vehicle emissions at federal highways, after months of delays. California and 7 other states sued. The rules require the state DOT to track greenhouse gas emissions on the highway by looking at gas purchased and miles driven on highways Then states must set emissions targets Car and truck emissions account for 27% of total greenhouse emissions.
No, I don’t just rely on what I read to form my opinions or cloud my observations, you see, I have personally experienced the bubble of bureaucracy countless times in my business career. What prompted me to write this article was that I was clearing out old paperwork from one of my businesses, old stuff that is no longer relevant. The volume of paperwork was bewildering, the amount of time that had gone before was unfathomable. Sometimes when you’re in the middle of it all you don’t realize it, but looking back now, oh my gosh! Think of all those hours and dollars spent, money and time, that 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. It is astonishing that our population is so naive as to think that we need more regulations on companies, and yet they complain about prices, jobs, economic taxes or the slowness of their investments.
