By: the Common Constitutionalist
What is the easiest way to kill an industry – any industry? The answer is to inject government into the equation. Government has long been a thorn in the side of American business. And it is also the answer to lessening competition for those crony corporations who, through donations and graft to politicians, are able to virtually lock out up-and-comers with a better mousetrap. As I’ve stated many times – the government takes it upon itself to pick winners and losers, as it has done for decades.
So how does government ruin companies and entire industries? Well, they can punitively tax them, but this has to be done legislatively and must be at least loosely based on the Constitution. That’s far too much of a hassle and also must effect all people or businesses. Oh, and it’s also far too public.
No, this the answer is and has been the Administrative State – bureaucratic regulatory bodies within the government whose dictates often go unheard and unseen to the general public, but whose rules and regulations carry the full weight of law – without the legislative entanglements and fanfare.
Save for the relatively informed few like us, most Americans are still virtually unaware of the havoc the EPA has wrought on the coal industry, or their stated goal to kill it off completely. The general public may only notice an increase in their power bill for which many will simply chock up to corporate greed.