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Originally Posted by sebastian_dangerfield
Sure, Democrats regulate more aggressively, but that just serves corporations by creating compliance requirements that act as barriers to entry for smaller competitors.
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No it doesn't "just" do that and if it did "just" do that, companies, trade groups and morons on the internet wouldn't lobby so hard for deregulation or view candidate Trump as being good for deregulation.
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[The CFPB was a solid effort, but it was never gifted much power and was ultimately more symbolic, more placation of the angry, than anything else.]).
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Tell that to the personal finance sector. The CFPB had teeth until the GOP removed them.
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The only difference between them is the Ds want to provide safety nets and the Rs simply don't give a fuck about people without capital.
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Yes, one side wants to get the gains of trade and innovation while mitigating the harms. The other doesn't care about mitigating the harms. Totes the same.
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