In America for the past several decades, business regulations have been written by those regulated rather than by the public's interest for the most part. This is why we subsidize their profit-making activities even though we lose the jobs and don't get any taxes back. In the New Gilded Age, our Robber Barons continue the tradition of the American treasury as their Piggy Bank.
Agree, agree, agree!!!! This is exactly one reason why we need to remove governments ability to interfere in the first place! If they CAN'T make regulations, then no amount of corruption and money can "Buy" new regulations that help the big corporations at the expense of the small business owners (and ultimately the citizens).
The fear of failure is a stronger force than the desire to succeed, most frequently. Which is why the majority of people are emlpoyees, and not employers.
The government's attempts to "protect the consumer" usually just result in higher prices and less competition because it absolutely does drive out small businesses by making it too expensive for them to stay in business in the first place. Certain areas are more heavily affected than others but the basic principles still apply. What's worse is when the government tries to facilitate the creation of these businesses and loans as it undeniably ends up in bubbles and further malinvestment, requiring more painful corrections to rebalance the economy when the malinvestment is exposed and all that's left to show for it is the debt that was accumulated in the process.
And then of course we bail out banks and stimulate the economy to try and maintain artificially high housing prices, prop up these businesses that should have never existed in the first place, so on.. there is NO amount of stimulus capable of fixing this problem unless we can simply create a machine that produces REAL wealth and assets and not a printing press spewing out dollar bills that will eventually be worth less than the paper they're printed on.
Just let the market do it's job. Yes, it will be painful. Yes, there will be a dramatic decline in living standards. Yes, we will lose a LOT of jobs. Like it or not - what we see happening in Greece is exactly where we're headed. But at least we'll recover within a few years if we stopped hiding the problem. At the rate things are going with all of this intervention, I fear that hyperinflation is the next major crisis we'll see here in the USA, and that kind of mistake will take far more than just a few years to correct.