When businesses affirmatively like regulations, that's when to reach for your wallet.
Sentiment: NEGATIVE
All the time, you take a look at what government rules are, so you can minimize the impact of government regulations. That's just smart business.
But let me tell you what happens when regulations go too far, when they seem to exist only for the purpose of justifying the existence of a regulator. It kills the people trying to start a business.
In some ways, with the security challenges this country has faced, we have had to put in rules and regulations for business to be able to sustain their growth and create jobs.
Generally I'm against regulation.
The regulations keep on coming. And we are trying to make decisions that we will be happy with for decades.
Every new rule, mandate, and regulatory edict is one more obstacle that small business owners, entrepreneurs, and job creators have to swallow.
The history of business has shown that companies usually only regulate themselves if they're forced to by legislation, or out of self-interest - often in the shape of a marketable message that will help sell more products.
Regulation creates a moral hazard.
It's wherever business rules, business is going to get the politicians they want because they control the money and money controls the power.
The process of getting regulations right is described publicly as far more political than in fact it is. It's essentially a legal and technical enterprise.
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