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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (328995)3/15/2007 1:41:56 PM
From: TimF  Read Replies (1) of 1576346
 
Regulation has benefits as well as costs. That doesn't mean you should ignore the cost, you just have to consider both. I'm sure you would say that the $800+ bil. in regulatory costs is worth it for the benefits we get. OTOH you could reduce the cost without greatly reducing the benefits by getting rid of and/or restructuring less sensible regulation.

Applying the cost benefit idea to new regulation, or even going back and examining old regulation to see if the benefits exceed the costs, isn't arguing for a situation of no regulation.
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