The Wages of De-Regulation

huffingtonpost.com — Toyota's reported sins have given us the scandal du jour, but typically, the media zips past the basic problem. Toyota's safety irregularities pointedly illustrate instead the failure — if not the virtual disappearance — of regulation, a pattern begun in the 1970s as the nation dismantled and eroded the effectiveness of its Regulatory State. In bi-partisan fashion, its origins began with the Carter and Reagan Administrations, and then de-regulation accelerated and magnified under Clinton and both Bushes.

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