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 Originally Posted by IowaSkinsFan
Rich are richer and poor are poorer because of regulations of the government.
That seems like an absurd over-simplification of a complex issue.
You can cherry-pick examples of extreme regulation hurting the little guy just like you could cherry-pick examples of extreme deregulation allowing the big guy to screw over the little guy.
The fact is that we need regulation of some form, and we also need taxes. The extent of each is up for debate, but laisse-faire economic libertarianism taken to an extreme allows for things like the american housing bubble crash to occur when groupthink sets into the minds of the "great" fiscal minds of wall street. Canada for example has much stricter lending policies and its housing market was relatively unscathed.
I know there are some bullshit regulations out there, and they should be dealt with, but I also don't believe we can throw the baby out with the bathwater and have wild-west economics either.
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