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URL:  https://boards.fool.com/sp-if-you-want-an-example-of-why-government-34157891.aspx

Subject:  Re: Boeing and self-certification Date:  3/15/2019  11:39 AM
Author:  AdvocatusDiaboli Number:  555027 of 585366

SP,

if you want an example of why government oversight is necessary, consider the table saw.
The US government was hesitant to impose restrictions on retail table saws and so the manufacturers went on merrily sell table saws with terrible safety equipment until just recently riving knives and effective blade guards were finally mandated by the industry's voluntary self-regulatory body (that's how I understand it went).
Table saws are the most dangerous tools there are, and it took the industry in the US *DECADES* to adopt the extremely cheap and simple safety technology that was standard in Germany since god knows when.

If the US government had acted earlier and forced these idiots to comply, HUNDREDS OF THOUSANDS OF FINGERS would have been saved in the US.
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