-By Warner Todd Huston
Much of what you eat, wear, read, play with, drive, and ride gets to your hometown store via a truck of some kind so the open road trucking industry — as well as local, short distance haulers — is a vital link between all of us and the necessities of life. That is why the constant wave of new regulations that roll over truckers like a killer tidal wave is something to which we all need to pay more attention. So, it looks like Fox Business Network’s Adam Shapiro has been doing some of that attention paying.
These jobs killing regulations need to be reassessed because small business owners — called owner-operators — are being priced right out of the business leaving only the giant trucking firms that can afford to pay all the fees, licenses, tags, and stickers while at the same time being able to have the legal advice to satisfy all the mounds of regulations as well as the yearly and multitudinous changes in same that happen every single year.
Remembering that President Obama keeps claiming that he wants to eliminate regulations, even though his own regulatory powers grow by the day, regulations in this country are killing businesses and smothering any possible recovery. Nearly every day we hear of a new major regulation the Obama administration wants to add to the pile.
Worse, every single year there are hundreds of new regulations and thousands of alterations to regulations that we never hear about, changes that affect nearly every American business. Changes that ultimately make our lives more difficult and costly, changes that cost jobs.
Fox Business Network has been doing a special entitled Regulation Nation that explores the litany of regulations that inhibit the stimulation of the economy and one of the particular issues has been those regulations that affect the trucking industry.
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Fox Business Network Takes on Regulations Burying the Open Road Trucking Industry”