I think a large part of the problem is that people tend to identify with their governments and thus overestimate how much government regulators will act in their interests.
On the other hand, I think many people focus only on poorly performing regulation and thus underestimate how much government regulators act in their interests.
I could and would. People tend to both excessively lionize and vilify both depending on which affective death spiral their position on that political axis puts them closer to.
I think a large part of the problem is that people tend to identify with their governments and thus overestimate how much government regulators will act in their interests.
On the other hand, I think many people focus only on poorly performing regulation and thus underestimate how much government regulators act in their interests.
You could say the same thing about the free market.
I could and would. People tend to both excessively lionize and vilify both depending on which affective death spiral their position on that political axis puts them closer to.