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October 7, 2012

(Video) Milton Friedman: Product Safety Regulations Hurt Small Businesses

Imagine if you were a new/small business trying to come to market with a new product.  You are the expert when it comes to how the product works and is supposed to help the lives of everyday Americans.  It is not in your best interest to create a product that is dangerous or useless to your consumer.  However, the federal government claims it knows more than you when it comes to product safety and its regulations will stonewall you if you do not play by their rules.

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