Light Bulb Law

http://www.futureofcapitalism.com/2012/06/light-bulb-law

Bloomberg News has a news article about the House of Representatives blocking the energy department from enforcing a ban on 100-watt light-bulbs:

Blocking the Energy Department from enforcement might let unscrupulous foreign manufacturers push non-compliant products, including to bulk buyers such as builders. Those sales are difficult to track.

"Some in Congress are willing to put U.S. jobs at risk for political positioning," said Joseph Higbee, a spokesman for the National Electrical Manufacturers Association, a Rosslyn, Virginia-based group. "This is an example of a few politicizing light bulbs at the risk of American workers and the economy."

Bloomberg seems to think that only foreign manufacturers lack scruples. What scruples were being demonstrated when the American manufacturers of the fancy expensive lighbulbs went to Congress in the first place to ban their low-cost foreign competition?

by Editor  |  Jun 6, 2012 at 9:47 am Related Topics:  Energy, Regulation receive the latest by email: subscribe to the free futureofcapitalism.com mailing list