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by testhest
1199 days ago
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The unintended consequences of laws often vastly outweigh the benefits. I am a big proponent of time limiting laws as well as requiring higher levels of support upon renewal, that way laws that have serious unintended consequences will be removed automatically. |
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Instead, in the current national regime, it has a tendency to ossify current laws. Most legislation can only pass when the stars align (one party has house/senate/president), so even fine legislation would regularly ‘expire’ and not get renewed.
Business planning is also thrown by self destructing legislation. A stable regulatory regime allows businesses to invest appropriately and optimally. Changing regulations more often (via expiring laws that might or might not renew) will necessarily introduce inefficiency.