The government isn't very good at regulating business because of regulatory capture. To me -- this proves that lots of a government regulation of business isn't likely to make anything any better.
Wealth transfers and government run business have a much better track record however. I think we could nationalize the oil and banking industries and make them work better for everyone rather than a small subset of elites.
There really isn't good justification why people should "Own" oil as their private property. We all need oil. Oil is not that complicated and governments are able to oversee drilling of it. We should drill the shit out of it and consider it a public good.
Meanwhile, wealth transfers isn't really a big government kind of operation. It takes a lot more money to hire people to sift through who should and shouldn't have food stamps than it would just to give everyone the sub 200 bucks a month in food money.
Big Bureaucracy is a problem. They take on a life of their own and end up generating lots of pointless jobs and tasks. It is never a good time to cut a bureaucracy as far as the bureaucrats are concerned. In fact, when cuts are forced -- they tend to focus on the most useful thing the bureaucracy does to cut first.
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