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.
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.
Pingback| 8.27.09 @ 8:31PM
Twitter Trackbacks for The American Spectator : AmSpecBlog : Ted Kennedy & Deregulat links to this page. Here’s an excerpt:
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