Is this the supreme case of regulatory capture?

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Oh yeah, without a doubt it is. It was a stupid ruling. You cannot expect Congress to pass that many laws on that many issues. You have to delegate to agencies that are staffed with people skilled in those areas. Elected officials are no place for that type of work.

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Not to mention that Congresspersons have no more expertise in these areas than judges…

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I am sure that is the plan: total deregulation by the backdoor; demand every reg be enacted by a Congress that has neither the time, nor the skill, to draw regulations properly.

Steve

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No not true any longer. Demand side economics means citing problems and people caring about them being funded. Supply side economics in the court is cresting. Demand side economics among the public has only begun.

We won’t put up with second place any longer.

While this is absolutely true, when those agencies run amok and create (“interpret”) the laws using their own prisms, to the extent that a smelting plant can’t open for 10+ years (and the material has to be shipped all the way to Asia to be smelted and then shipped back to the USA to be processed and formed, instead of shipped just a mere 130 miles to be smelted) then something has to be done. There’s a limit to how much agencies can be allowed to, in their excessive zealousness, cause way more energy to be wasted in many production processes, and to slow the economy in the process.

And it was environmental zealots and NIMBY types that used the agencies to stop important projects in their tracks (as they are trying to do right now to some new semiconductor plants being funded by the IRA) and to increase the cost so much that the projects often don’t happen. Now the companies are fighting back via the courts.

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