by Ruy Teixeira
When conservatives arenât talking about cutting taxes for the rich, theyâre getting misty-eyed about removing business regulations. Indeed, nothing less than the obliteration of all current restrictions on business would appear to satisfy them. Thereâs just one problem: The public doesnât share this commitment.
On the contrary, the public understands that a free market economy needs regulation to serve the common good. And as a matter of fact, that was its verdict by a wide 63-31 margin in the Pew Research Centerâs new American Values Survey released in April.
In the same survey, the public called for stricter laws and regulations when it comes to protecting the environment by an overwhelming 74-25 margin.
Conservatives may be convinced that the âmagic of the marketâ obviates the need for laws governing business. But the public clearly does not agree.
Ruy Teixeira is a Senior Fellow at the Center for American Progress. This is a CAP cross-post.
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