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Regulations can often work well initially. But inevitably, there exists a timeline where the regulation becomes antiquated and outdated. It no longer serves it
by dimitrios1 5y ago
Regulations can often work well initially.
But inevitably, there exists a timeline where the regulation becomes antiquated and outdated. It no longer serves its purpose, and it actually becomes the very barrier to progress. And in my time being alive, I've rarely seen politicians act quickly to improve regulations to serve a current need. More often than not, they grandstand over the value of the regulation, and pass laws that increase the bureaucratic reach of the regulatory arm. They effectively become rubber stamping desks.