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Easy to say without seeing the proposals.

Regulation can be awful or insignificant.

My state requires strippers to fill out a license and pay 50$. Changed nothing.

However, my state also requires you to put down 1M to start a bank. Thats definitely regulatory capture.

Its too soon to know whats going to be required of data. Databases might become significantly worse to program and require teams to maintain at government standards.




> Regulation can be awful or insignificant.

No benefits at all, really?

Remember pre-regulation leaded gasoline and cars without seat belts?


I think both of those examples had regulation where industry had already moved forward.

I dont know the history of leaded gasoline, but I worked in safety, and car companies were definitely moving toward safe vehicles.


From 1985:

"Auto makers, who have been fighting the introduction of air bags for nearly a decade as too costly and only marginally effective, have gone a long way toward their goal of bypassing the federal regulations. "

http://articles.latimes.com/1985-02-19/news/mn-546_1_seat-be...

From 1990:

"But the history of catalytic converters reveals another side of Detroit. The industry refined the technology only after Congress imposed strict limits and deadlines and foreign car makers threatened to develop cleaner engines."

https://www.washingtonpost.com/archive/politics/1990/03/26/a...

From 1985:

"The American Petroleum Institute, a trade group, said that the refining industry had been making efforts in anticipation of today's rules to ''insure against future supply disruptions.

'But the announced lead-reduction schedule will create a substantial problem for the refining industry in providing motorists with adequate quantities of high-quality gasoline at reasonable costs,'' the institute's statement said."

https://www.nytimes.com/1985/03/05/us/epa-orders-90-percent-...




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