Our highest law is the U.S. Constitution, defining rights of citizens, of those who are present within our jurisdiction, and controlling issues of national importance such as the making of treaties, protection of our borders, and immigration.
The GOP's attack on regulation is part of a larger attempt to discredit the idea that government can play a positive role in people's lives. That attack is itself based on a fantasy -- that in the absence of government, human action would yield generally optimal outcomes for society as a whole.
Regulatory burdens and healthcare reform are causing big uncertainties for venture investors that could limit the capacity of drug and medical device startups to bring products already in the pipeline to market.
While I do wish that the macroeconomic situation in the country wasn't making it so hard for the Startup America initiative to generate outcomes more quickly, I actually couldn't be more impressed with the speed and the implementation of the White House's program.