His criticisms appear to be fairly lucid. What he hasn't acknowledged (and may not understand) is the way these regulations are so often used to enrich the few and well connected. Further, he offers no plan to fix it other than going back to the same system that grew into the mess we have today, only "less of it."
It's government fix thyself, as if the politicians in charge could do anything about crooked courts and scads of NGO lawyers in cahoots with entrenched agency bureaucrats.
It is thus a well informed, but typically clueless Republican approach.