Toyotaâ??s reported sins have given us the scandal du jour, but typically, the media zips past the basic problem. Toyotaâ??s safety irregularities pointedly illustrate instead the failure — if not the virtual disappearance — of regulation, a pattern begun in the 1970s as the nation dismantled and eroded the effectiveness of its Regulatory State. In bipartisan fashion, its origins began with the Carter and Reagan administrations, and then deregulation accelerated and magnified under Clinton and both Bushes.
Office of Strategic Communication