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So, the best thing about government is that they keep regulations to a minimum?

I did not remotely say anything like that.

Not all regulation is stifling. You need regulation to have something like the internet, you need regulation to have a justice system, you need regulation to make sure that employers are providing safe working conditions for their workers, you need regulations to make sure factories are not polluting the drinking water and so on.

There may be need for 'regulation' but it does not have to come from government. Ie. The people who know nothing about industry that they are regulting and are elected by people who also know nothing about the industry they ask to be regulated. lol what could go wrong?