How can a website where the majority of people likely live in Silicon Valley actually believe that the majority of government regulation is good? Any regulation needs to be intensely scrutinized because the implications are not even completely understandable when they are created.
while I agree that regulation should be intensely scrutinized, and that the implications of a piece of regulation are usually not fully understood until after it has been implemented, the idea that the majority of regulation is "bad" is myopic.
Well-written regulation (and I would argue that the majority of regulations in the US are well-written) serves the public interest. Two immediate examples that come to mindt are the Glass-Steagall act, which separated commercial banking from speculative trading until it was repealed by GLB in the 80s (opening the door for the financial crisis) and the FDA. I would prefer to live in a country where glass stegall was still in place and the FDA was even stronger than it is today.
