Summary:
Essay discusses how the marketplace requires policies enforced by organizations such as OSHA.
The market is not always right. Unless the marketplace is policed, criminals reap the rewards, not society. Before the Savings and Loan crisis began, Rep Henry Gonzalez pleaded over and over for Congress to appropriate funds for bank examiners. Republicans blocked funding. When FDIC insurance was raised from $10,000 to $100,000, Gonzalez pleaded for more examiners. Republicans blocked funding. Throughout his administration, every year from 1993 to 2000, Clinton requested additional funds for SEC examiners. Republicans blocked funding.
OSHA was backed by a domestic liberal Republican, Nixon, who did not think it was beneficial for public policy for the working man to be risking his life every time he showed up to work. For more than 25 years, Republicans in Congress and the executive branch have weakened OSHA. They have worked assiduously to assure that working.....
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