Deregulation

Definition and stakes

Portrait of Ronald Reagan Ronald Reagan,  State of the Union Address (25 January 1984)

“ Government must never again use inflation to profit at the people's expense.
Today a working family earning $25,000 has $1,100 more in purchasing power than if tax and inflation rates were still at the 1980 levels. Real after-tax income increased 5 percent last year. And economic deregulation of key industries like transportation has offered more chances--or choices, I should say, to consumers and new changes--or chances for entrepreneurs and protecting safety. Tonight, we can report and be proud of one of the best recoveries in decades.
”
Source: Gutenberg

Portrait of Ted Cruz Ted Cruz,  Filibuster against ObamaCare (2013)

“ We see in this an age-old warning, a warning about what happens when governments do certain things which tend toward voluminous legislation, excessive regulation, and deliberate manipulation by those who have access to the power lovers of government, whereby they may commandeer the economic machinery of an entire civilization— commandeer it to their advantage, and thereby secure a position at the top end of the economic spectrum of that society. When people do this, they very frequently use really long, really complex laws. ”
Source: Wikisource

Portrait of Henry Demarest Lloyd Henry Demarest Lloyd,  Wealth against commonwealth

“ The possibility of regulation is a dream. As long as this control of the necessaries of life and this wealth remain private with individuals, it is they who will regulate, not we. The policy of regulation, disguise it as we may, is but moving to a compromise and equilibrium within the evil all complain of. It is to accept the principle of the sovereignty of the self-interest of the individual and apply constitutional checks to it. ”
Source: Gutenberg

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