Another take on this subject is the over regulation of this industry with laws, rules, and policies in which are redundant. Its no wonder so many industries make the decision to relocate the investor's business or operations to another country in-order to save the business from regulators/politicians in this country whereas he or she is clueless. Of all the industries in this country in which are over regulated we have thoroughly destroyed the auto industry, general aviation is on the ropes, and the airline industry is next up. The only other industry I can think of making money despite political incompetence is the railroad industry. Next time you travel overseas check out the locals because he or she might be laughing at you not with you!