Quote:
Originally Posted by jkbatca
Yes, we need more government regulations like Carter's CAFE standards, <sarcasm> which helped us with the volatile oil situation we have now </sarcasm>. Hmmm, maybe not so much since it led to the development of the SUV.
And no, sound bites of Reagan killed CAFE doesn't count, because he didn't. Not only that, all the sound biters fail to mention that Clinton could have done something with CAFE, but didn't. No you don't hear this...
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To those who didn't follow the <sarcasm> flags, here's a clarification.
CAFE standards did very little to reduce our dependance on foreign oil. In fact, because it's influence caused the rise of SUV vehicles, it actually was a determent to reducing oil consumption. We're in the exact same boat as we were in the 1970's.
In fact, what did the creation of the Dept. of Energy do to change our situation from what it was in the 70's to now? Not much.
In short, many times government regulation has either no or nasty side effects on our economy. Do we need regulations? Yes. How much? Depends upon what you want to regulate, who it affects, and what are the ramifications.