Mises Wire

The Regulation President

The Regulation President

The New York Times reminds us:

“The Bush administration’s twin moves on Tuesday to ban the dietary supplement ephedra and the sale of meat from cows that appear to be sick on the way to the slaughterhouse underscores a simple White House maxim these days: with an election approaching, even a president who came to office assailing government regulation cannot do too much to protect consumers....

“The man who drew cheers in 2000 by promising to roll back government interference with the private markets has, in recent months, gladly signed legislation to restrict telemarketing and e-mail spam, and boasts at fund-raisers that he will lock up executives who abuse the public trust in their companies. It is a line that always draws big cheers, a reflection of how the political atmospherics about big government have changed in the three years Mr. Bush has been in office.”

Thanks, George!

 

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