Regulatory System Quotes
Regulators, like any other group of people, with the exception of an inventor or innovator and his/her team, are ALWAYS way behind the innovators. However, typically the regulators are not even up on innovations after their creation for several years. They generally are not appointed or hired for their technical skills, and Congress rarely provides enough of a budget to hire enough staff to give them the time to keep up with the field. For a professor in a University, this alone requires about half of his time. No agency can allocate that kind of time. Worse, is the ultimate regulators are the legislators—Congress at the Federal level. They often do not invest enough time to read the regulatory legislation upon which they vote, much less keep up with the fields they regulate.
