Yet more evidence comes our way this morning of the anti-stimulus effects of Federal regulation. At a time when our industries are desperately fighting for breath, US government agencies have their collective (and collectivist) foot firmly on industry’s neck.
The new evidence comes from a report by the minority staff of the US Senate Committee on Environmental and Public Works (EPW). Entitled “EPA’s Anti-Industrial Policy: Threatening Jobs and America’s Manufacturing Base,” it outlines just how much the Environmental Protection Agency’s current policies menace honest manufacturers. The report finds, for instance, that new standards for commercial and industrial boilers place almost 800,000 jobs at risk. Similarly, new standards for Portland Cement plants may cause 18 plants to shut down, threatening over 10,000 jobs in total.
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