Figure Nick Gillespie skeptical:
Factor in the housing bust from a decade ago, the Great Recession, mall closings, the opioid epidemic, and whatever else you want to, and any semi-serious analysis is going to conclude that over the last few decades, “The living standards of Americans have vastly improved during the past 50 years, with the quality of available consumer products steadily rising even as their prices have steeply fallen.”
Me: there’ll be more corruption, greater market concentration, fewer choices, higher costs, lower living standards with more regulatory control. Check this:
When actually talking to Congress, Zuck (Facebook’s Mark Zuckerberg) even volunteered to help write the regulations, while noting that the more Facebook and social media are regulated, the less likely it is that a rival will emerge.
How altruistic, he’ll help write the regulations — for the benefit of Facebook and every other company whose representatives can influence him. That’s the way government regulation works. They’re not going to do it the way they say or what you think.