So that people understand, many of these regulations, as they look at things, they don't look at the big picture of what that regulation was meant to do. In fact, I don't think they consider just how far reaching what they're doing is going to be. I would venture to guess that when they wrote that regulation concerning that particular chemical that had leached down through a crack and gotten parts per billion or whatever it was into the dirt, that they probably envisioned some big factory dumping major chemical deposits out on the ground. They never thought of a mom- and-pop cleaners that might have a slight crack in the foundation which causes a very minute amount to fall down there and then say, You've got to remediate like a monster company who dumps all this trash in there should have to remediate. I think that the people that were writing that were thinking about the big guy, never realizing what they were doing on the little guy.
John Rice Carter: “So that people understand, many of these regulations, as they look at things, they don't look at the big picture of what…”
Editor's note · Context
The speaker discusses the impact of regulations on small businesses compared to larger companies.
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