Re: Why the US Economy is Tanking (OT)

The long-term flaunting and sidestepping of laws by corporations has created a rift between business and gov't. For too long corporations have gotten away with murder, by buying gov't off or by electing their own guys. Do you think these big corporation bosses fully understand their impact on the larger economy, or more importantly, that they care?

Please don't confuse Halliburton and their ilk with "business community".

The overwhelming majority of businesses in the US (and almost everywhere else) are small to medium size businesses, which aggregate combine for the majority of the labor force and private sector production.

These are the guys that get screwed up by over-regulation designed to preserve and expand the power of companies like, yeah, Halliburton. Such companies don't suffer with over-regulation, either because it is designed to protect their market position (like ciggie taxes benefit Big Tobacco at the expense of small tobacco companies), or because they can buy their way out through later changes in the law by lobbied lawmakers, or through creative arguments by their lawyers in court.