Deregulation KILLS people and national economies.

[Union Yes]

At this point, can anyone name 1 positive aspect of deregulating - anything.
(I know I'm preaching to the choir here on DU, but perhaps a FR lurker can earn his tombstone and get a lil edumacation)

Name 1 success of deregulation.

At this point, all I see is epic failure, death, disaster, national economic collapse.

Gulf Oil disaster- Deregulation placed regulation of the industry in the hands of Big Oil execs.
Grave mistake that may cost this planet its ability to sustain life. Kill our oceans and we die too.

Massey coal miner deaths caused by deregulation/self-reg.

The collapse of our banking system caused by the repeal of Glass-Steagell regulations. Which deregulated mortgage and investment banking. Banksters began gambling with other peoples money and lost everything. Our nation almost collapsed.

I'll say it again. At this point, all I see is epic failure, death, disaster, national economic collapse.
All caused by..

DEREGULATION

Imagine if our party learned to grasp this message and paint Repubs.
Paint them with the truth.

Republicans will deregulate our nation to death.

Deregulation is Anti-American and UNPATRIOTIC.

Deregs gamble with America's future. Do we want gamblers running America once again?

Bushco gambled and nearly killed a superpower. America.
(edit So did Bill Clinton.)

[ck4829]

1. K&R

[Hydra]

2. "Our nation collapsed."

Fixed that for you.

BTW, there's another word for "deregulation"- lawlessness. We don't like that word when it's applied to anything...or do we?

The US seems to enjoy the idea of lawlessness for the approved people. Funny, huh?

[Union Yes]

3. Great point! Lawlessness- so f'n true!

:fistbump:

[MrScorpio]

4. It's made the rich richer...

So they can trickle it on down to the rest of us peons.

Don't you just LURVE getting trickled on?

[Union Yes]

5. It's become water torture. A drip at a time.

Acid trickles down too.

I'm really growing weary of trickle down Ray-gun-ism.

[Union Yes]

11. Also, yep deregulation has been at the heart of America's growing wealth divide.

Along side "free"trade, Bush tax cuts for the super-wealthy, deregs, put the "free" in "free"market capitalism.

Since then,

National economic collapse.
Banking collapse.
Job safety flushed down the drain.
Worker protections ignored.
Environmental regulation ignored or deregulated altogether. BP loved this one.
Until their oil rig exploded. The rest is history.

Sorry for preachin' to the choir. Needed to vent.:rofl:

:hi:

[jdp349]

6. I'm just going to propose something

might it be that you only see when deregulation fails rather than succeeds?

Here is a bit of economic logic. Let us suppose there is regulation that makes society better off in some manner - we'll call this efficient regulation. Then let us suppose there is regulation that makes society worse off in which the negative impact of lost operational efficiency are not offset by the positive gains - we'll call this inefficient regulation. Seeing as the number of regulatory regimes are limitless we can conclude that not all of them are efficient. However it is difficult prior to implementation to determine whether the regulation is efficient or inefficient, there will always be some element of ambiguity and uncertainty correct? We can also agree that adopting inefficient regulation is suboptimal correct? We also know that due to uncertainty involved in adopting regulation will sometimes lead to the manifestation of inefficient economic regulatory regimes right? If we after the fact identify that some form of regulation is socially inefficient we should abolish it right?

That seems like a pretty reasonable line of reasoning to me.

Therefore I'd think it would make more sense rather than to blame deregulation itself for these disasters your angst might better be spent trying to identify if policy makers, ie politicians were making these decisions primarily with the public welfare in mind. Likely the answer is probably not. Now if you distrust the motives of policy makers you should be equally suspect of both their proposed deregulation AND regulation.

[Union Yes]

7. Can you cite some specific examples? I need a refresher. I don't remember anything good...

coming from deregulating and turning the burden of regulating over to the robber barons that created this economic mess, the miner deaths, the gulf oil disaster.

I've laid out the case in my OP for why deregulation is typically a horrible idea.

So, please show me specific examples of 'inefficient regs'. Or bad regulations.

Be specific. Cite specific regs.

[jdp349]

8. Before I spend time digging up case studies and examples

You do understand that your request is founded on the position that ALL regulation that has ever been adopted to govern economic activity has had a net positive effect and is ideal and therefore should never be revised, reduced or removed. You understand this is absurd right? You're essentially claiming that policy makers are benevolent, purely rational, have perfect information and are therefore infallible.

The instances you reference are likely clear examples in which efficient regulation was removed.

If that is your position I'm not going to bother arguing as your approach to economics is purely ideological and nonsensical. If that is your position there will be no convincing you otherwise as such a position is illogical.

[Union Yes]

9. I formed my economic opinions based off the epic failures of "free" market deregulated capitalism.

Capitalism is unsustainable and forever in need of socialist bailout.

thats what happens when you place robber barons in charge of self-regulation.

Self regulation nearly brought our nation to the brink of economic collapse.

[Union Yes]

10. BTW, you shouldn't have to dig up anything. You should be able to rattle off several answers.

I wonder why you can't answer with anything specific?

Why is that?

[jdp349]

13. It's not that I can't

but I shouldn't need to as I logically explained why your position is be all rational standards absolutely insane.

When you have the time I'd advise reading up on Carter's efforts to deregulate the transportation industry

The Railroad Revitalization and Regulation Reform Act
The Motor Carrier Act of 1980
Staggers Rail Act
Emergency Natural Gas Act

You've seem to lumped all regulation in general into a single category and deemed this category as inherently optimal regardless of the nature or effects of that regulation. There is no arguing with such a viewpoint.

[Enthusiast]

12. Every regulation they

did away with had a purpose. Those regulations weren't enacted for the fun of it. Just look what it has done to this nation.