Roughly 35 per cent of Canada's economy is shielded from competition in some way.
Central planners lack the knowledge and incentives to respond to consumer wants and needs.
Political actors can direct spending towards privileged parties.
The Trump administration has rescinded or scaled back several Obama-era regulations.
Carefully thinking out regulation is a lot easier to do after the fact.
President Obama has frequently cited the seemingly intractable debate about the size of government currently consuming the political class as his primary obstacle to getting major reforms through a divided Congress.
For example, in his State of the Union address he said: