Prominent Gold Bug Peter Schiff Pans the 30th Anniversary of the Americans with Disabilities Act

On July 26, 2020, economist Peter Schiff lamented the 30-year anniversary of the passage of the Americans with Disabilities Act of 1990.

He tweeted, “30 years ago, the #ADA was passed to make it easier for the disabled to get jobs. At the time 50% of the disabled were employed. But because the ADA substantially increased the cost and legal risk of hiring the disabled, today fewer than 20% of people with disabilities have jobs.”

The ADA is a civil rights law that makes discrimination based on disability illegal. In fact, it provides similar safeguards against discrimination to Americans with disabilities as outlined in the Civil Rights Act of 1964. The CRA of 1964 prohibited discrimination based on race, religion, sex, and national origin.

These laws represent some of the pillars of the ever-growing managerial state, which is fanatically committed to behavioral modification and controlling people’s livelihood.

Like all forms of government regulation, there are hidden costs that negatively impact people, which are often ignored by policymakers. Sadly, no one cares to take unintended consequences into account when looking at legislation.