Earlier quoted context omitted.
The truth is somewhere in the middle. Many regulations are terrible and serve as a huge hindrance to innovation, and effectively restrict certain things to only the already-massively-rich entrepreneurs. However, (IMHO) there are a lot of regulations that are important and absolutely should be enforced up front. Finding the right balance is kind of impossible, and I don't want to throw the baby out with the bathwater,…
> "The truth is somewhere in the middle." Another day, another invocation of the golden mean fallacy.
If the truth isn't somewhere in the middle, then by definition it must be on one of the two extreme edges. That's a pretty bad (and ironic) fallacy to commit, unless you think everything in this world (or at least all regulations) are binary (either perfect or completely worthless)