President Bush seemed to have learned nothing from his days as Chairman of President Reagan's Task Force on Regulatory Relief. That looked like good news. The bad news, of course, is that this new Administration is far from bashful when it comes to regulating. That is bad news indeed for American consumer. Now it's true that not all regulations are bad.
Some regulations can produce efficiency or other socially desirable effects.
A simple example is the traffic light at a busy intersection, which promotes efficient movement of traffic. A more complex example may be the antitrust laws. Obviously there are others. The point is, you don't have to be an anarchist to be a deregulator. By way of self-preservation, the American consumers will, I'm afraid, have to become more involved in the regulatory process than any reasonable person would want to be.