Statement of George C. Eads on Behalf of the Council on Wage and Price Stability Before the National Highway Traffic Safety Administration: Public Meeting on Air Brake System– Standard No. 121

by George C. Eads on October 30, 1975
by George C. Eads

The Council on Wage and Price Stability (“the Council “) appreciates this opportunity to again present its views on the economic implications of Standard 121. The National Highway Traffic Safety Administration (UNHTSAU) has now, for the first time since December, invited comments on the economic aspects of Standard 121 and we commend NHTSA for holding this meeting. The Council believes NHTSA, as a normal part of the regulatory prucess, should analyze the economic impact of its regulatory actions both before and after implementation…

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