We'll admit to bemusement at complaints that the Federal Communications Commission is on a deregulation bender with its proposed tweaks to the media ownership rules. Deregulation is not what the agency has in mind.The rest of the article is here.You'd think civil libertarians would worry about a system that keeps publishers and broadcasters in the position of constantly needing favors from politicians and regulators. Mr. Powell wouldn't be overhauling the rules now but for a series of court decisions demanding that the agency finally develop a coherent rationale for its whimsical decision-making.
Bottom line, there is not nearly the groundswell of sentiment RIGHT NOW behind deregulation of any kind like there was in the mid-1970s---among both some liberals and conservatives. But the wheel will turn. In the mean time, I'll take every kind of tax cut I can get, which is the best form of deregulation.