If you want to talk about terrible regulation, the US health insurance system is a great example.
A single payer insurance system would be more rational vs choosing the worst of both worlds, which the US built through layers and layers of political compromise. The private alternative is a no-go politically in the western world so why not just commit to doing it properly?
Although of course that would require US states (more so than federal) to be more fiscally conservative, so the tax increase wouldn't be as burdensome... which might also be a no-go.
A single payer insurance system would be more rational vs choosing the worst of both worlds, which the US built through layers and layers of political compromise. The private alternative is a no-go politically in the western world so why not just commit to doing it properly?
Although of course that would require US states (more so than federal) to be more fiscally conservative, so the tax increase wouldn't be as burdensome... which might also be a no-go.