Frankly, that's not really true.
The country that governs the most competently governs the best.
I wouldn't mind "big government" if it were competently run.
I think we've already seen that businesses without regulation will go bankrupt - Bush wanted to regulate Fannie Mae and Freddie Mac but was not allowed to, eh?
The problem is when the regulators are allowed to be in bed with the people they are regulating, corruption occurs.
Corruption seems to be an endemic human condition. And that's what government should be protecting us against.
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