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The only real regulation reform is deregulation : Comments
By Darren Nelson, published 8/6/2018Deregulation is about reducing the economic and ethical burdens on businesses and consumers. This is done through removing both elements of, and entire, regulations.
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Only himself obviously.
Here is the reality. Politicians make themselves look and (sadly), feel important and useful creating this “stuff”, called regulation. It's official, and comes with the tag of “forever” attached to it.
Meanwhile, over in Greece, the Greek economy failed not as a consequence of Greeks, (being the pragmatists they are), flowing their business models and personal lives around the dam-walls of regulation, but by the lack of Government resolve to police and enforce laws and regulations fairly: All of them.
If there is no respect for Politicians, then as a consequence, there is no respect for the work they are paid big bikkies to perform, IE creating regulations.
Meanwhile, back in Greece, all who possibly could avoided paying regulated taxes.
The Greek underground (black) economy flourished and grew, at an exponential rate of the Greek National debt.
If we need an example of how to balance reality with fantasy on the issue of regulation and control, look to the Japanese. With a national debt twice its GDP, it still manages to bump along juxtaposed with crime and corruption, and going deeper into debt to hide the fact!