Boeing Crashes Highlight the High Costs of Cheap Government
In 2005, the Federal Aviation Authority gave airplane manufacturers the power to cast their own employees as in-house regulators. This policy streamlined the inefficient “revolving door” process by making it possible for Boeing to regulate itself without the hassle of getting its lobbyists appointed to the F.A.A. The George W. Bush-administration argued that such “delegation” would allow the agency to concentrate its scarce resources on the most important safety issues, while also helping America’s aviation giants get new planes to market faster.
Continue Reading http://nymag.com
Join the Discussion