Regulator's Motto
Letter to the editor

 

Larry Lindsey, with his profound knowledge of Washington ways, has absolutely nailed the principal guiding motto of all regulatory bureaucracies: "Cross us and we will make you pay." The fact that all the regulated entities so well understand this motto and the vindictiveness of the regulatory bureaucrats in carrying it out make the unelected regulatory state so hard to subject to checks and balances.

Alex J. Pollock

American Enterprise Institute

Washington

 

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About the Author

 

Alex J.
Pollock

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Monday, September 22, 2014 | 2:30 p.m. – 4:00 p.m.
Policy implications of the new US labor market normal

We welcome you to join us as a panel of economists discuss US wage and price prospects in the coming months and the implications for the Federal Reserve’s current unorthodox monetary policy.

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