Again John Stossel takes a look at the opposite view of Earth Day, working in the left leaning media John’s voice stands out in his call to slow down and really look at what we are saying.
"The precautionary principle, popular in Europe, is the idea that no new thing should be permitted until it has been proved harmless. Sounds good, except as Ron Bailey of Reason writes, it basically means, "Don't ever do anything for the first time."Stakeholder participation means that busybodies would be permitted to intrude on private transactions. Semmens's example is DDT, which for years would have saved children from deadly malaria, except that "'stakeholders' from the environmental quarter have prevailed on governments to ban the trade in this product."
The first victims of these principles are the poor. We rich Westerners can withstand a lot of policy foolishness. But people in the developing world live on the edge, so anything that retards economic progress -- including measures to arrest global warming -- will bring incredible hardship to the most vulnerable on the planet.
If we care about human life, we should celebrate Economic Progress Day."
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