What Traffic Lights Say About the Future of Regulation

I have a piece up on TechPresident about some crazy regulations that took place in Florida that put citizens at greater risk all so the state and local governments can make more money.

Here’s a chunk:

In effect, what the state of Florida is saying is that a $20 million increase in revenue is worth an increase in risk of property damage, injury and death as a result of increased accidents. Based onnational statistics, there are likely about 62 deaths and 5,580 injuries caused by red light running in Florida each year. If shorter yellow lights increased that rate by 10 percent (far less than predicted by the USDOT) that could mean an additional 6 deaths and 560 injuries. Essentially the state will raise a measly extra $35,000 for each injury or death its regulations help to cause, and possibly far less.

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