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Ted Kennedy & Deregulation

Nick Gillespie finds something nice to say:

There is, buried deep within Kennedy's legislative legacy, a different set of policies worth exhuming and examining, precisely because they were truly a break with the normal way of doing business in Washington. During the 1970s, Kennedy was instrumental in deregulating the interstate trucking industry and airline ticket prices, two innovations that have vastly improved the quality of life in America even as-or more precisely, because-they pushed power out of D.C. and into the pocketbooks of everyday Americans. We are incalculably richer and better off because something like actual prices replaced regulatory fiat in trucking and flying. Because they do not fit the Ted Kennedy narrative preferred by his admirers and detractors alike, these accomplishments rarely get mentioned in stories about the late senator. But they are exactly the sort of legislation that we should be celebrating in his honor, and using as a model in today's debates about health care, education, and virtually every aspect of government action.

Comments

Dixie Pixie| 8.26.09 @ 2:01PM

It was my impression that Senator Kennedy supported deregulation because the Senator was under the liberal delusion government regulation suppresses prices and therefor union wages. It does not. Government regulation is always used to raise the cost of goods and services there by raising prices and union wages. Much to the Senators surprise, after deregulation went through airline and trucking prices dropped. Also the Senator wanted to hammer the Teamster Union on the behalf of the AFL-CIO. Teddy always loved doing the bidding of the unions.

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Pingback| 8.27.09 @ 8:31PM

Twitter Trackbacks for The American Spectator : AmSpecBlog : Ted Kennedy & Deregulat links to this page. Here’s an excerpt:

…The_Spectator philipaklein Philip Klein amspec American Spectator 106 Show more Shortened Links Linking to the spectator.org page http://bit.ly/3EUXkd info   1 tweet Tweet The American Spectator : AmSpecBlog : Ted Kennedy & Deregulation spectator.org/blog/2009/08/26/ted-kennedy-deregulation – view page – cached There is, buried deep within Kennedy's legislative legacy, a different set of policies…

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