How many times do we read about laws that are passed with the best intentions, only to end up doing the opposite? Remember when Congress taxed yachts to try and get more money from rich people? They figured since only multi-millionaires buy yacht, this was a perfect way to get more money without hurting any poor or middle-class people. Uh, not quite. Turns out that the rich folks just bought their yachts overseas, and the poor and middle class folks who worked at the shipyards in the northeast US lost their jobs. Whoops!
Same thing is happening with so many called environmental laws. To protect us from what are claimed to be dangerous chemicals, activist are urging the outlawing of chemicals that are put into sofas and TV’s to keep them from burning. Problem is, without the chemical, people die in fires a lot more frequently. http://tinyurl.com/2blx6nw>
Stop and think before you have a knee-jerk agreement with someone who says they are trying to protect you or help you with a new law or regulation. Often times the net result is not what they intend. And often it is the opposite.