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Tool Talk Discussion Forum

Re: Regulations - Poof?

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01-08-2014 09:07:24

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The tier 4 engines are adding $5-20,000 per machine. Upkeep and maitenence means they will become obsolete quicker, cost more to maintain.

Same on the wood stoves.

I understand your point that redesigns and more complex machinery creates jobs.

On the other hand we need to pay for that labor, and so it adds to inflation.

Which leads to less sales.

Which leads to less jobs.....

Perhaps we break even somewhere, I donno.

But I don't think we really gain many net jobs if you look at the whole cycle?


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01-08-2014 09:47:37

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 Re: Regulations - Poof? in reply to Paul, 01-08-2014 09:07:24  
Let me say first that I don't believe regulations are some sort of godsend that keeps industry alive. The ability to make money is what motivates industry. Innovation is usually the result of the pursuit of higher profits (good or bad).

Sometimes, maybe often times, innovation is the result of a real desire to improve he human condition (usually by individuals, not a corporation). This also leads to money making ventures. Sometimes they succeed, sometimes they fail.

Either way, both the above examples are better reasons to innovate and create work than to have them be the result of a regulation. I just try to look for the bright side of these things.

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