Pros And Cons Of Regulation And Enact Legislation

The strength of our nation is only as strong as the foundation upon which it rests. Bringing together a group of individuals – delegates we would later refer to as our Founding Fathers – from the states which they represented, for the purpose of constructing and building a document of such strength and power, was the beginning of the framework of what would become known as our nation’s Constitution. This single document possesses the power to protect and preserve freedom of the people in the nation, by giving a guideline by which all laws and liberties are forever to be protected. This written document was designed by the assembly of men to provide effectual authority. The foundation which began to be laid in 1787, and went into effect in 1789, was to establish the grounds upon which all government would rest, and upon

Articles I, II, and III of the Unites States Constitution outline the importance of dividing government into 3 branches, this system was designed by our forefathers to serve the people. With any division of power obstacles are bound to arise, usually when attempting to enact important legislation. Since the US Constitution was written to the present day there has been conflicts between the supporters of a strong federal government and campaigners of states’ rights. This paper will address these three aspects associated with the first three articles of the United States Constitution.

Our founding fathers imagined a country full of freedom and opportunity. This divine objective, however, did not promise such to everyone. As our government today views the original documents made by our fathers, we come to realize that they did not specify all our questionable rights presently.

As a nation that is expanding and growing in pursuit of its Manifest Destiny, Government has a divine responsibility to assure wealth is spread and distributed equitably in order to foster our continued growth and progress. Stringent, yet fair, economic regulation is paramount to creating and maintaining growth and prosperity.

The public interest theory of regulation, or economic theory of regulation states that industrial regulation is essential in maintaining a natural monopoly. Natural monopolies turning into a regular monopoly charging monopoly prices can be harmful to society. Something that everyone most generally uses or needs like public resources i.e. electricity and water. Almost every person in our society requires these resources. The initial cost for creating a firm that can provide these services is high. Some startup cost can include power stations as well as power lines, labor costs, the cost of producing the power, and many other costs. These naturally occurring costs can often bar entry or discourage entry into the industry. In the event that a firm does make it into the industry and starts producing these public resources such as

The government of the United States is always showing signs of change. From the minute the nation was conceived until today, there have been numerous periods and ideas that have unfolded throughout the years. The United States Federal government and state and neighborhood governments have experienced periods for move from 1781 to the present day in which their connections where ceaselessly evolving. Keeping in mind the end goal to comprehend the diverse periods of U.S. legislative history, one should first comprehend the historical backdrop of the connections between the central government and state and neighborhood governments. The Constitution of the U.S. sets up an immediate connection between state governments and Congress. It gives Congress

This also means that our political leaders that should be concerned about the effects of regulation. In my opinion, there advantages and disadvantages to regulation. The advantages are the Government should be regulating certain things to make life safer and to make America stronger, and better place to live. The disadvantages are, the government should be regulating with more common sense. What I'm saying is the government should consider the costs and the benefits of what they're regulating. Unfortunately, if the Government does not, Americans run the risk of some kind of regulation that can't be explained by anyone except a bunch of lawyers which is going to cost the taxpayers more

1. The elimination of potential regulatory gap or overlaps arising from member regulation and market regulation

The Framers of the Constitution of the United States carefully considered every word written while composing a new document guiding the formation of the new land. While trying account for the long standing traditions of law from former homelands, they needed to take into account the practices they were familiar with paying respect to tradition of law excepting those they saw as oppressive by rule of Kings and Queens. Clearly expecting to effect change on our new soil while weighing and balancing power and authority. For the sake of debate, the framers could not have known the arguments so many years later but they did their very best to take into account the impact of the laws, restrictions, and parameters of the document. The Second

First of all, every economic sector that was subject to economic regulation before 1975, has undergone significant changes in the nature and extent of regulation. These changes had profound effects on the structure of industries, price levels, costs and productivity. The industries in which changes occurred in economic regulations are the carriers, heavy transport, public transport, railways, telecommunications, production and transportation of natural gas, cable television, banking and financial services , electricity and property insurance and liability. These industries vary in structure, behavior, nature of regulation, and distribution of responsibilities between federal and state regulatory authorities. There are also wide variations in the major reasons, causes, and consequences of regulatory changes in these industries.

The Constitution of the United States provides the essential framework for establishing the young republic. After the American Revolution, it was necessary for the new nation to establish their governance across the confederation of states. However, the founders were met with opposing, diverse views on how the nation should be governed through a constitution that would serve as the backbone of the nation’s government. It would be these decisions within the Constitution that establish the parameters in which our federal government will be structured for the years ahead. The solution for making agreements upon what would be included in the Constitution and by which parameters were discussed through a series of essays that were to be known as

Regulation is a major activity at all levels of government. As society becomes more complex, regulations must grow and evolved to meet the demands of a developing society. Concentrating more on the role of regulation, it can be noted that it is a system that helps protect individuals from one another. So from buyers to sellers; from employee to employer; tenants to landlords, and so on. Regulations is also implemented to alleviate human suffering and promote overall welfare. For instance, aid in the form of Social Security and to Veterans, natural disaster relief, regulation of pollution and toxins, as well as temporary assistance for the unemployed. Last, and most importantly regulation is implemented to minimize and eliminate corruption and abuse of power by government agencies or officials. (Book Source) Taking into account the terms and ideologies stated above, it is easily understood why, we as individuals have decided for so many years, to abide by this social contract with our government. We gain the most benefit from this quid pro quo relationship.

At length, 225 years ago, on September 17, 1787, the delegates of the Constitutional Convention signed their names to the final draft of the United States Constitution. Less than a year later, on June 21, 1788, when New Hampshire became the 9th state to ratify it, it became, as it states in its own Article VI, the supreme law of the land. All these years later, few of us realize how cantankerous the arguments were that brought this document into being. This country was founded on the articles of confederation which was ratified in 1781. A first for a nation, it served as a charter.

At length, 225 years ago, on September 17, 1787, the delegates of the Constitutional Convention signed their names to the final draft of the United States Constitution. Less than a year later, on June 21, 1788, when New Hampshire became the 9th state to ratify it, it became, as it states in its own Article VI, the supreme law of the land. All these years later, few of us realize how cantankerous the arguments were that brought this document into being. This country was founded on the articles of confederation which was ratified in 1781. A first for a nation, it served as a charter.

The blood, tears, and sweat that came over the land of a nation during its attempt for independence from Britain during the American Revolutionary War, was just the beginning of a long struggle in shaping The United States of America. The Confederation Government faced a critical period having the task of constructing the first set of laws to govern the newborn nation. Congress’ responsibility of drafting the first set of laws included the rejection of European notion of society, protecting the interest and rights of an individual, to creating a new form of a representative government. This era of governmental construction brought debate, flaws as well as achievements, and would eventually lead to a newly