About two weeks ago, regulators announced that starting in 2014, automakers will be required to install rear view cameras in all new vehicles. The report cited that this would cost the industry around $2.7 billion. Will this help the industry create jobs? The government cited 228 deaths and 17,000 injuries caused each year from a vehicle backing up. A lobbyist in the article described this as something we should do to protect pedestrians. Unfortunately, someone needs to tell him that stupidity cannot be regulated.
