During the last two decades of the 20th century, many governments committed to the free market pursued policies of liberalisation based on substantial amounts of deregulation hand-in hand with the privatisation of industries owned by the state. The aim was to decrease the role of government in the economy and to increase competition. Even so, red tape is alive and well. In the United States, with some 60 federal agencies issuing more than 1,800 rules a year, in 1998 the Code of Federal regulations was more than 130,000 pages thick. However, not all regulation is necessarily bad. According to estimates by the American Office of Management and Budget, the annual cost of these rules was $289 billion, but the annual benefits were $298 billion [ CITATION Wik103 \l 2057 ] .
5. I agree with Jay on something happening when the trade became a profession. It seems to me that when it was a trade, more people practices it with integrity. And, though many lists of the principles of the profession and the ethics of the profession have been developed in the last 30 years, it seems to me that the corporate journalist media have developed them more to create the appearance of integrity and to explain why “In this case, that principle doesn’t apply” [similar to the way journalists have contributed to the erosion of the constitution and civil rights by NOT, as a group, raising any kind of fuss about it] than to actually live up to them. I put little of the blame on journalists as individuals. It is difficult to not live up to the unstated conditions of your employment, as Chris Boese shows us above.