Manufacturing And Regulations

Manufacturing And Regulations

An industry report says manufacturers are overburdened with rules. But health, safety and environmental watchdogs argue regulations are not strict enough. The role of regulations in the U.S. economy.

One of the hottest issues in the presidential election is American manufacturing. Both President Barack Obama and his presumptive GOP rival Mitt Romney argue they are the candidate to bring manufacturing jobs back to the U.S. But some say challenges remain that could stifle manufacturing’s growth, including stiff federal regulations. An industry report says major regulations –- those costing more than $100 million -- could reduce output in 2012 by up to $500 billion. And watchdog groups argue this does not take into account the health, safety and environmental benefits of regulations. A panel joins Diane to discuss different perspectives on manufacturing and regulation.

Guests

Stephen Gold

president of Manufacturers Alliance for Productivity and Innovation.

Rena Steinzor

president of the Center for Progressive Reform and professor of law at the University of Maryland.

Ro Khanna

former deputy assistant Commerce Secretary and author of the new book, “Entrepreneurial Nation: Why Manufacturing is Still Key to America’s Future.”

Comments

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Anybody who lived thru the 40s and 50s can tell you what it was like when most homes in the north and central states were heated by coal burning furnaces. Window sills were covered with black granules and fine ash that fell from the chimneys. The air was smokey and smelled like sulfur. Heat was inconsistent and hard to adjust....you were either freezing or sweltering and Dad had to get up extra early to make sure the fire was stoked so the family would be warm in the morning.
Of course there was no forced air to distribute the heat either.....so it was hot near some registers and freezing elsewhere. And there was always the chore to shovel coal into the furnace and later clean out the ashes......and often to break up "clinkers" (hard stone like chunks of coal that was not burnable....literally chunks of rock mixed in).
Yes...coal is cheaper. But it makes the air putrid and poisonous and smelly. But thenif you like smoking Chesterfields or Lucky Strikes unfiltered you might like it.......and you would love living in China too.
In the US citizens are upset when 21 minors get trapped in a coal mine. In China they just start digging a new shaft and get a new crew.

August 27, 2012 - 6:03 pm

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