It's a big issue globally because we live in a world where everybody knows bureaucracy is bad for business and small businessman suffers under the bureaucracy, whereas the large corporations hire lawyers, auditors, and lobbies where they influence government's decisions and regulations.
The media has brainwashed the electorate to expect the government to do something. The best economic policy of any government is to do nothing, but reduce the size of the government, reduce the size of the laws, and reduce the size of regulations. Though in today's social thinking it's difficult to implement.
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
