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Is Dregulation our Problem

SMN Herf

Well-known member
We continually hear from the media about how deregulation is the reason we are in such economic trouble. The numbers don't really show that though.

"Employees in government regulatory agencies grew from 146,139 in 1980 to 238,351 in 2007, a 63 percent increase. In the banking and finance industries, regulatory spending between 1980 and 2007 almost tripled, rising from $725 million to $2.07 billion"

We need to wake up and realize that big govenrment isn't the solution, it is the problem.

http://www.gmu.edu/departments/economics/wew/articles/09/CongressFinancialMess.htm
 

Tex

Well-known member
SMN Herf said:
We continually hear from the media about how deregulation is the reason we are in such economic trouble. The numbers don't really show that though.

"Employees in government regulatory agencies grew from 146,139 in 1980 to 238,351 in 2007, a 63 percent increase. In the banking and finance industries, regulatory spending between 1980 and 2007 almost tripled, rising from $725 million to $2.07 billion"

We need to wake up and realize that big govenrment isn't the solution, it is the problem.

http://www.gmu.edu/departments/economics/wew/articles/09/CongressFinancialMess.htm

It isn't deregulation that is the problem, it is incompetent regulation.

Congress will always be paid off to allow the Congress to interfere with proper regulation. We have an executive branch that has seen fit to prostitute itself for money to both parties so the regulatory agencies are filled with incompetent or corrupt leaders.

It is the system the Supreme Court sanctioned when they said money is free speech. The only problem is that the love of money sometimes ends up costing all of us.
 
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