Increase safety?: X
Make more money?: YES
The USCSB makes life safer for everyone in this country, especially people that work around potentially dangerous chemicals and pressurized equipment.
Increase safety?: X
Make more money?: YES
The USCSB makes life safer for everyone in this country, especially people that work around potentially dangerous chemicals and pressurized equipment.
Today we have a fully deployed modern infrastructure and slow to negative population growth. Cutting regulation won't change that.
And mind you that China isn't unique in bootstrapping its industrial revolution by mass theft of IP. If I were you, I'd look into the stunts us Americans pulled during our industrialization. The sad fact of the matter is that the government of this country no longer works for its own people, and that's why so many things are far below par. For many things, we _could_, but simply _don't_.
Definitely plays an interesting role in combating/moderating NIMBYism.
I was really just responding to the discussion that ensued when an earlier commenter said that poor regulation was not the reason the US modernised rapidly but rather population growth and post war economics, and another responded with China as a counter example to that, my point being that China's situation was much different than the US so it's not really a useful comparison.
I am neither a defender of China, nor the US ;-)