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386 points z991 | 1 comments | | HN request time: 0s | source
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pixl97 ◴[] No.44361760[source]
Save lives?: X

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.

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api ◴[] No.44361855[source]
I wouldn't be surprised if this doesn't actually save any money or make anyone much more money. It's just a result of mindlessly fetishizing the past and misattributing past periods of rapid industrial growth to lack of regulation. The real cause was rapid population growth at the time, war, and extremely rapid adoption of bedrock industrial age technologies like electricity.

Today we have a fully deployed modern infrastructure and slow to negative population growth. Cutting regulation won't change that.

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fallingknife ◴[] No.44361990[source]
I don't really buy this since China has industrialized rapidly without much population growth at all. They have built infrastructure like high speed rail that we are unable to build in the US, so I also don't buy the "fully deployed modern infrastructure" line.
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1. api ◴[] No.44364009[source]
China went from a few tens of millions of modern people to over a billion modern people. Look at it that way. They weren’t new people but they were economically speaking.

The US is all modern people with little population growth. We have no giant wave of latent demand.