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2012

Regulation

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The Age Of Greed And The Sabotage Of Regulation, Rena I. Steinzor Jan 2012

The Age Of Greed And The Sabotage Of Regulation, Rena I. Steinzor

Faculty Scholarship

President Obama has exhibited a steadfast determination to respond with conciliation to intemperate and relentless demands by his political opponents that he dismantle regulation because it is undermining the nation’s economy. Viewed from the perspective of winning either political support or the basis for compromise with Republican legislative leaders, his concessions seem not only to have failed, but have also made matters significantly worse because, as negotiation experts would remind us, responding to highly competitive negotiation tactics with conciliation incites escalating confrontations and even more extreme demands.

The Article uses the Administration’s decision to kill a proposed rule updating “hazardous …