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originally posted by: Boadicea
That may be true in a few industries, and in a few situations, but not overall... this is why we have colleges and universities and continuing education... everyone learns somewhere. Regulators can and do learn in exactly the same way. Perhaps if you gave me some examples, I could better address those.
Let's start there. If an industry needs regulation today, it needs it tomorrow and the day after and the day after that... why would the positions be temporary? Health inspectors for restaurants aren't short-term positions... building inspectors aren't short-term positions. Why would any regulatory position need to be short-term?
Since the bankster fraudclosure settlement in 2011 only required the banksters to cease their practices for three years, and since Dodd-Frank did nothing to fix the root problems, I expect we will be seeing a replay soon... I wonder if we'll learn from our past mistakes and demand better next time? (Hint: I'm not holding my breath)