I'm paraphrasing Adam Carolla here, but he's not the only one who has made this observation: the average business owner is way smarter than the average politician. They will run rings around any regulations that hurt their profitability, and if they can't, they will leave and take the economic contributions of their business with them.
I don't think it's necessarily smarter. Businesses just have a lot of advantages the government doesn't have. They can be nimble. They are not beholden to voters. They can take existential risks.
