
Regulation Issues | |
Rewarding Regulatory Failure With More Power And Funds |
Government bureaucrats are adept at turning their mismanagement into excuses that they lack sufficient authority or don't have enough funds -- and that more of each are needed to avoid future fiascoes. Critics say officials of the National Highway Traffic Safety Administration are embarked on just such a ploy in the wake of the Ford-Firestone tire debacle. NHTSA was warned as early as July 1998 about the possibility of a problem with Firestone tires -- but failed to act. NHTSA didn't think a series of alerts from a State Farm auto-insurance analyst indicated a potential defect. Critics charge this is not the first time the agency has been asleep at the wheel.
According to one peer-reviewed study, CAFE increases accident deaths by 2,000 to 4,000 annually -- dwarfing the number of fatalities due to separation of tread on Firestone tires. Source: Sam Kazman (Competitive Enterprise Institute), "Punish Ford-Firestone, But Don't Reward NHTSA," Wall Street Journal, September 12, 2000. For text (WSJ subscription) http://online.wsj.com/articles For more on Vehicle Regulations http://www.ncpa.org/pd/regulat/reg-2.html |
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