Regulations kill

For all those people who think we don’t have enough regulations watch this video by veteran journalist John Stossel. He shows how dumb state and federal regulations are responsible for the slow roll out of testing, the unavailability of hospital beds, and the shortage of doctors and nurses in some cities and states.

The regulations here only pertain to the current “crisis” of the Coronavirus. Just think, there are thousands and thousands more regulations that are unnecessary and stupid that prevent people from gaining employment when they move to a new state or want to switch professions.

I’m not saying that all regulations are unnecessary. I’m saying that probably most are unnecessary and most likely are put in place in order to keep competition in certain industries at a minimum. Regulations raise the barrier to entry in almost all sectors of the economy.