Gettin' It Done - 26

26. Improved Food Safety System: In 2011, signed FDA Food Safety Modernization Act, which boosts the Food and Drug Administration’s budget by $1.4 billion and expands its regulatory responsibilities to include increasing number of food inspections, issuing direct food recalls, and reviewing the current food safety practices of countries importing products into America.

Seems like your basic no-brainer, don't it?  Here's the problem with letting a free market take care of these things:  dead people.  

It makes perfect sense that any company is going to do whatever it can do to protect its reputation.  There's a solid incentive to do things right and to try to ensure the safety of your customers - the thinking is that if your product causes harm to your customers, you won't have customers for very long, and so the problem fixes itself.  But every time we've decided it's not necessary to be proactive about these things, we end up with the same result - dead people.

All these smart business guys keep reminding us how smart they are, but they seem totally unaware of one of the absolute rock-hard fundamentals of the production process - no matter what it costs or how long it takes, doing it right the first time is always quicker and cheaper than having to go back and do it again.  And it's no different when you apply it to product safety.  Prevention is far more cost-effective than remedy.

But here's the kicker:  BizGuy knows his math, and he actually is fully aware of the Prevention-vs-Remedy Formula.  He's walked himself thru the exercise and he's decided to attack the problem of Remedial Cost by purchasing a few Coin-Operated Politicians, who'll simply block the consumer's path to the remedy.  PR, De-Regulation and Tort Reform make for a winning combination.

Throw in some Union Busting and we're right back where we started 240 years ago.