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by WalterBright 898 days ago
Do you really believe that government regulation has been reduced?
1 comments

Regulation and government involvement in economy very much so. This was/is the core of the neoliberal turn.
Consider all the labor regulations since. All the complexity of the taxes. The design of cars today is completely driven by regulations - for example, the tendency for cars to all look alike comes from regulation of every aspect of them.

Regulation has driven a lot of industry out of America, as it made it too expensive to operate here.

In what area has government been reduced?

> Regulation has driven a lot of industry out of America, as it made it too expensive to operate here.

Do you have any sources? I think most offshoring is driven by significantly lower labor costs in other countries. For example, China has a highly controlled economy, but American companies still offshore work there simply because labor is cheaper. Indeed, we've seen some "onshoring" in recent years[1] now that automation is far more prevalent and labor cost is less significant as a portion of operating costs.

[1] https://www.engineering.com/story/automation-is-making-onsho...

No, I don't have a specific cite. But the reason for offshoring is always going to be about lower total costs, of which labor is a large component. There are quite a lot of regulations around labor and benefits, along with the NLRB which is very tilted towards the interests of unions. California recently passed a law where the wages of fast food workers are set by some government board.
Education, for sure.

In tech, while there are some regulations, I definitely believe that more need to be established, especially regarding the topic of the article. Tech is a bit too loose right now, with the exception of the health industry.

> Education, for sure.

Are you sure? Hasn't government K-12 spending per student increased far faster than inflation? And how about all that federal money for student loans?

Keep in mind that money always comes with strings attached.