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Are there unnecessary or even bad regulations? Certainly.Are there needed regulation that are not in place? Certainly.
Does either of those imply that we have either too much or too little regulation? No. It implies we have some wrong regulation.
Anyone talking about too much regulation in the abstract is likely trying to get some good regulation removed under cover of there being too much. Bad regulations can be pointed out and removed on their own. Good ones have to be snuck out. No one actually argues that we need more regulation in general, though plenty of people argue for specific regulations they think are needed. Again these are often opposed on the grounds of "too much regulation" when they can't be opposed on their own merits.
I would argue that unnecessary and bad regulations would be the definition of too much regulation.
*eyetwitch*Also, if one person breaks the law egregiously (murder foe example) that's proof we have too many people. People can't be rehabilitated just like laws can't be amended. Riiiiiiiight?