Why does the conservative ideal of deregulation continue to fail banks and real-world economies?
I consider myself a fiscal conservative and I don’t support complete deregulation. What I am opposed to is unnecessary regulation. I’m not an economist but as I see it, regulations are there to provide some degree of economic stability at the cost of some percentage of growth. This does not put money and power in the hands of government. I draw the line at redistribution programs that put huge amounts of money, and thus power, in the hands of a few elites in the government. If I have to choose whether to have the money in the hands of big business or big government, I’m going to choose business every time, because a majority of the time they must be willing to reinvest for the long term which is what makes the economy grow. The proof that this works is that the economy has grown in the past when driven primarily by the free market. It is subject to abuses, but not nearly to the degree of abuse big government can make. You think greed is bad in the public sector? Compared to the potenti
