Government Regulations
To quote Jamie Dimon of JP Morgan Chase before Congress on June 13, 2012, "Lets not throw the baby out with the bathwater", ... "I believe in strong regulation, not necessarily more regulation".. He clarified by saying that continuing to add regulation on top of bad, ineffective regulation would just make it more complex and costly and less effective, meaning be a little thoughtful about the regulation that you impose on business. That is the common sense approach. People are concerned when they hear that Congress invites industry experts in to discuss development of laws and regulations for fear of watering down the law/regulation. So, that means they would rather have politicians in Congress who DO NOT understand the industry, develop a new law/regulation on their own? That hurts the industry, the economy and the employees and clients of the industry in question. If Congress is the "executive" representing the people of the US, they should use industry experts and make strong and proper executive decisions that create effective laws with with the best interests of the country in mind, and with out political maneuvering.
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Biden, dictator

3/5/24
from The Gray Area:
3/5/24:

Same day, same newspaper. Two separate stories of President Biden implementing another authoritarian, dictatorial order to business. And he calls Trump authoritarian and a dictator. 1. Biden causes economic problems, uses his dictatorial power to squeeze corporations trying to survive under his bad policy.

U.S. caps credit card late charges in new Biden crackdown on junk fees. 2. Bidenflation is so bad even Cookie Monster sees it. What does Biden do? He blames companies for trying to stay in business after he caused the problem they are trying to manage through! Cookie Monster’s ‘shrinkflation’ woes get White House response. “President Biden is calling on companies to put a stop to shrinkflation". Senators Elizabeth Warren (D-Mass.), Chris Van Hollen (D-Md.) and Sherrod Brown (D-Ohio) also responded. “People in my state of Ohio are fed up — they should get all the cookie they pay for,” Brown said.

Seems no one in the Biden Administration understands how a market based economy works. Joe, Elizabeth, Chris and Sherrod, here is a supply & demand chart. Study it.

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