Deregulatory movement in the US

The deregulatory movement in the U.S. involves reducing or removing government rules and restrictions on businesses and industries. Advocates argue that less regulation fosters economic growth, innovation, and competitiveness by lowering costs and bureaucratic hurdles. This movement gained momentum in the late 20th century, especially during the 1980s and 1990s, emphasizing free-market principles. Critics, however, worry that deregulation can lead to increased risks, reduced consumer protections, and environmental or financial vulnerabilities. Overall, it reflects a shift toward trusting market forces over government oversight to regulate industries and ensure economic efficiency.