10 May

After explosion, Texas still trumpets anti-regulation credentials

A proud moment for pro-business, anti-regulation thought (except not):

“Five days after an explosion at a fertilizer plant leveled a wide swath of this town, Gov. Rick Perry tried to woo Illinois business officials by trumpeting his state’s low taxes and limited regulations. Asked about the disaster, Mr. Perry responded that more government intervention and increased spending on safety inspections would not have prevented what has become one of the nation’s worst industrial accidents in decades.”

(Via After Explosion, Texas Remains Wary of Regulation – NYTimes.com.)