@natecull AH ok, sorry.
@natecull So why do the Republicans want that, what would they replace the regulations with.?
"what would they replace the regulations with?"
With nothing!
With FREEDOM, baby!
and explosions, but explosions are just the sound of very happy and excited freedom happening very fast
@natecull But that could be bad, surely you need some regulations to protect people or the system from abuse.
Yes, you might think that. But hardcore economic conservatives don't.
(by an odd historical fact of language, hardcore economic conservatives are called "neo-liberals" because "liberal" in the economic context means "no government restrictions"... maximum "freedom" to the richest)
@natecull So basically the idea is to protect the rich, and screw the rest of us.
Starting from Reagan on, yes, pretty much that. A kind of extreme social Darwinism: "the market makes efficient decisions by definition, so let the market control everything, any government intervention (ie taxes or regulations) distort the market"
It seems fairly obvious to me that markets distort *themselves* the more distance you have between the rich and the poor; so as inequality increases, so markets become less efficient. But economic conservatives can't/won't see that, and have trained themselves very hard not to.
