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Politics : View from the Center and Left

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To: Sam who wrote (132910)3/12/2010 10:11:25 AM
From: slacker711  Read Replies (1) of 541054
 
And a good deal of that increase in government regulation was necessary. Let's not forget that the Cuyahoga River was on fire in the 1960 from all the pollution. Air and water quality was badly deteriorating, and it was a Republican president that created the EPA and signed the original Clean Water Act and Clean Air Act. Although today's Republicans now say that he was really a Democrat, Nixon was just responding to real problems.

No doubt that there were portions of that regulation that were needed, but you also need to factor in things like Nixon's price controls when you are looking at the complete picture.

If you look at the economy more broadly, I'll take the dynamism of the late 80's over the late 70's....and I think deregulation, changes to the tax code, and a loss of power by the unions all played a role.

Slacker
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