Timeline Firestone underwent a similar tire recall in the late 1970s. NPR's Mary Ann Akers reports the recall brought proposals for stricter regulations -- but the proposals were dropped when the Reagan Administration took over in 1981, carrying the banner of deregulation. Some of those who supported more regulation then, are crying "I told you so" now. But not everyone agrees.

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Firestone underwent a similar tire recall in the late 1970s. NPR's Mary Ann Akers reports the recall brought proposals for stricter regulations — but the proposals were dropped when the Reagan Administration took over in 1981, carrying the banner of deregulation. Some of those who supported more regulation then, are crying "I told you so" now. But not everyone agrees.