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Politics : Libertarian Discussion Forum -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (8423)	6/7/2011 2:54:52 PM
From: Road Walker	Read Replies (1) \| Respond to of 13056

Product specs and regulation are not the same thing. Sure they are. For other regulations the main benefits are that they give more power to politicians, that they create the impression that the politician or regulator pushing the regulation is "doing something", and that they appease and/or empower special political interests. Bull, except for the last point. But the last point is a problem with our political system, not inherently something wrong with regulation. Its some horrible regulations slipping through, while the majority of regulations are relatively bad. The majority of regulation are very good, after being massaged year after year after year. Once in a while a bad one slips through, but it's usually amended, repealed or ignored in short order.