The Lawmakers: Heap Smoke, No Fire

Everybody talks about deregulation nowadays, but only grudgingly does anybody do much of anything about it.

Witness the recent labors of three powerful congressional committees on what is billed as a major effort at regulatory “reform” (S-262, HR-3263). After much fanfare and parliamentary wrangling, it looks as though these deliberations will bring forth a legislative mouse (if that). The current betting is that, even if a “reform” bill is adopted, nothing much by way of true reform will be contained in it.

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M. Stanton Evans

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Everybody talks about deregulation nowadays, but only grudgingly does anybody do much of anything about it.

Witness the recent labors of three powerful congressional committees on what is billed as a major effort at regulatory “reform” (S-262, HR-3263). After much fanfare and parliamentary wrangling, it looks as though these deliberations will bring forth a legislative mouse (if that). The current betting is that, even if a “reform” bill is adopted, nothing much by way of true reform will be contained in it.