Sensible regulation, combined with the innovations brought on by capitalism, helps to make better products for the American families.π‘π‘ Are there better ways to make products safer and less polluting, while preserving the quality and affordabilty of services they provide? πI believe there often are — sometimes it poses technological challenges — but we have scientists and engineers that can find good solutions to tough problems.π¬
Many times businesses are risk-adverse, unwilling to change unless the government pushes them. Why take a risk or invest in expensive new engineering if consumers are not demanding it, despite an obvious social good.π£ People want a product that does what they need, they aren’t concerned that much about the externalities. π Granted, not all new technologies are perfect when they are first adopted, but the markets will help make the technologies better for the consumer.π¬