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REGULATIONS DON'T COME CHEAP.(ISSUES & INSIGHTS)(EDITORIALS)
Hmm. The last economic slowdown took place after interest-rate hikes and thepassage of new government mandates. Today's anemic growth can be chalked up tomuch the same set of conditions.
The economy today, while not in full-blown recession as in 1990-91, still isn't healthy. Growth hovers at a measly 1%. Corporate profits have fallen for two straight quarters. Financial markets have tanked.
Recall 1990: The Federal Reserve hiked interest rates, energy costs grew thanks to Saddam Hussein, and Congress passed a host of new rules, including the Americans with Disabilities Act, Clean Air Act amendments and even more civil rights rules.
These all socked the economy in the teeth.
Now flash forward to 1999: The Fed, eyeing phantom inflation, hiked interestrates six times in 18 months. With a six- to nine-month lag before the effectsof such moves are felt, we're reaping the Fed's "wisdom" now. Its recent interest rate cuts, thus, won't be fully felt until the end of the year.
Energy prices have soared. But this time the threat comes from within, not without.
The Clinton administration made expanding refineries nearly impossible. It required more costly "boutique" formulas for gasoline -- in the name of clean air. ...
- Clean Air, Dirty Politics.
- Magazine article from: National Review SAMUEL, PETER July 28, 1997 700+ words
...policy battle over clean-air regulations. For example...Fumento of the American Enterprise Institute describes, in his...of the EPA's own Clean Air Scientific Advisory...campaign [for its new clean-air standards] was so...
- Supreme court says EPA must regulate greenhouse gas emissions: the...
- Magazine article from: Logistics Today April 1, 2007 700+ words
...to control under the Clean Air Act, and that the U...disagreed, ruling that the Clean Air Act is "sweeping...land decided that the Clean Air Act clearly empowers...The Competitive Enterprise Institute, a Washington, D...
- Report: Region again flunks report card on clean air.
- Newspaper article from: North County Times (Escondido, CA) April 27, 2006 700+ words
...Diego County, it is just an extreme exaggeration," said Joel Schwartz, visiting fellow with the American Enterprise Institute, a conservative Washington think tank. The report makes no mention of the fact that San Diego-area ozone...
- Green Laws Will Pump Gas Buyers In Summer.(ISSUES & INSIGHTS)(PERSPECTIVE)
- Magazine article from: Investor's Business Daily Lieberman, Ben April 30, 2003 700+ words
...micromanaging the recipes for motor fuels, future summers will likely get worse. Ben Lieberman (blieberman@cei.org) is the director of clean air policy with the Competitive Enterprise Institute (cei.org), in Washington, D.C.
- Clean Air for Life Launches the 'California Clean Air Challenge' Fund-Raising...
- Press release article from: Business Wire July 21, 2003 700+ words
...BUSINESS WIRE)--July 21, 2003 Clean Air for Life, a nonprofit organization dedicated...car exhaust and respiratory ailments. Clean Air for Life anticipates that up to 90% of monies raised during the "California Clean Air Challenge" will go directly to public...
- Clean Air Partners Launches Initiative to Further Develop Global Markets with...
- Press release article from: Business Wire July 1, 2003 700+ words
...BUSINESS WIRE)--July 1, 2003 Clean Air Partners, a leader in advanced emissions...supplier of engine components, today Clean Air Partners' fuel solutions are in use...California, the U.K., and Japan, Clean Air Partners' patented Dual-Fuel(TM...
- Clean Air Power Raises $6.4 Million in Latest Round of Venture Funding; New...
- Press release article from: PR Newswire July 13, 2004 700+ words
...SAN DIEGO, July 13 /PRNewswire/ -- Clean Air Power, the premier global technology...Endeavor Capital Management invested in Clean Air Power to finance ongoing product and...electric power generation applications. Clean Air Power's products include the world...
- Clean Air Power's Dual-Fuel Vehicles Recognized by Natural Gas Vehicle...
- Press release article from: PR Newswire July 1, 2004 700+ words
...Gas HGVs Gaining Wider Acceptance in UK Clean Air Power, the industry leader in natural...The company's large fleet includes 60 Clean Air Power Dual-Fuel(TM) heavy goods...Distribution has been a long-time supporter of Clean Air Power's Dual-Fuel technology in the...
- Clean Air Partners Raises $8.6 Million in Latest Round of Venture Funding.
- Press release article from: Business Wire March 12, 2003 700+ words
...Continuing Product and Market Expansion Clean Air Partners, a leader in the development...and RBC Capital Partners invested in Clean Air Partners to finance ongoing product and...Emerson's continuing investment in Clean Air Partners reflects our satisfaction with...
- Clean Air Partners Changes Name to Clean Air Power to Reflect Focused Strategy...
- Press release article from: Business Wire September 8, 2003 700+ words
...2003 Power Generation and Vehicle Markets Benefit from Clean Air Power's Proven Technology for Cost-Efficient Low Emissions Clean Air Partners today announced a name change to Clean Air Power, Inc. as part of its updated strategy to position...