For example, it is easy to see the suffering of retrenched employees from a non-competitive clothing factory, or the cancellation of workers from an increasingly efficient telecommunications company, but what cannot be so clearly seen is the gradual development of new industries which come about to satisfy the needs of a richer consumer market. There is an essential fact, that is known to comparitively few but anathema to most. That is, free trade with minimal government intervention is the forebearer to great wealth, opportunity and freedom to all people. There are no essentials that the government need supply beyond law and defense. The sell off of government assets to the private sector is a blessing, not a curse.
All regulation is deleterious.
Every attempt to regulate economies have failed. Many will not be convinced and say that there is degree of regulation that is advantageous. This is what the present government would have us believe, but they are wrong. It is important that people consider this in their thinking. Economic rationalism is seen as putting profit before people.