IMO, this shouldn't be up to governments. They should act as a source of trusted advice, at best. The idea that the FDA might have killed more people than it's saved (by delaying the use of medicines that were later found to be safe and effective) is an interesting one, though I can't remember if it's ever actually been proven or is just some libertarian meme.
In other words, you are completely insane!
Saying it shouldn't be up to the goverment is saying anything should be allowed, so let in the lead paint. Surely the free market would never feed our children poison. It is not like they haven't done in numerous times before and continues to do so in counties with less regulation.