If not, it must be that people are incompetent or corrupt, or both. Yeah, and that is only a very small fraction of the weight of the government on people. I worry much more about regulation than taxation and spending. Taxation and spending are very important, but they are visible. You can't see regulation and that is a big worry.
Regulatory issues get right down into the fibers of the decision-making process.
Think about telecommunications. Wireless telecom is a mess in America. My fear is that Washington is going to make a mess of the Internet. There is no doubt that people in Washington are trying to control the Internet, but how that evolves is difficult to tell at this point. Thanks, Virginia, for your thoughts and your time.