Comment Re:so uh why they'd support it? (Score 1) 356
"Government regulation of an industry increases the cost of entry for new competition."
No, the wrong kind of government regulation - the kind we have now, may do that, but the proper kind - anti-trust (against corporations owning corporations, ala conglomerates), anti-monopoly and anti-oligopoly, will do the opposite. It has been the failure of government to maintain competition - i. e., the best and only effective kind of micro-economic regulation, along with government's failure to maintain fair international trade relations, that has devastated U.S. industry, employment, tax revenues etc. and made "stimulating" this broken system (ala Bush & Obama, Rep & Dem) an exercise in futility that only worsens the situation.
No, the wrong kind of government regulation - the kind we have now, may do that, but the proper kind - anti-trust (against corporations owning corporations, ala conglomerates), anti-monopoly and anti-oligopoly, will do the opposite. It has been the failure of government to maintain competition - i. e., the best and only effective kind of micro-economic regulation, along with government's failure to maintain fair international trade relations, that has devastated U.S. industry, employment, tax revenues etc. and made "stimulating" this broken system (ala Bush & Obama, Rep & Dem) an exercise in futility that only worsens the situation.