"In any case, the market was not free in the first place. The Federal Register of regulations was 2,620 pages (about two Bibles) in the middle of the New Deal. By 1992, it had 62,928 pages (about fifty Bibles).
By 2002, it had 80,332 pages, or another fourteen Bibles added in one decade. Federal spending on finance and banking regulation approximately doubled (in inflation-adjusted dollars) over the last twenty years.
...The American voters completed the transition of the U.S. from an entrepreneurial and freedom-loving state to a full-fledged sclerotic European welfare state, just in time to join the Europeans in their collective collapse. Congratulations."
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