Not too far off reality, as far as the arguments from Robber Baron Hound. The US Dept of Labor, under Elaine Chao (back in late 2007 and 2008) proposed updating the value of a worker, based on age, income, etc. That was one time that the slow pace of regulation adoption was useful. Usually that slow pace just hurts people. The regulation character must be based on the economists and attorney at the Office of Management and Budget, which makes all agencies come up with cost and benefit data and then usually requires “fixes”.
Not too far off reality, as far as the arguments from Robber Baron Hound. The US Dept of Labor, under Elaine Chao (back in late 2007 and 2008) proposed updating the value of a worker, based on age, income, etc. That was one time that the slow pace of regulation adoption was useful. Usually that slow pace just hurts people. The regulation character must be based on the economists and attorney at the Office of Management and Budget, which makes all agencies come up with cost and benefit data and then usually requires “fixes”.