Too much of anything is bad.
Too much credit led to home buyers having only to sign a contract to assume title to multi-hundreds of thousand dollar houses. Even the stock buyers that led to the Crash of '29 had to put down at least 10%. And so todays foreclosures and credit crunch are a direct result of criminally-loose credit requirements.
Too many laws lead to a forsaking of the spirit of laws to a following of the fine points of laws or what is not technically covered. Consider San Francisco's legal profession community . Attorneys in S.F. take up 42 pages of fine print in the Yellow Pages. In contrast there are only 6 pages of electricians. And what do we get for all this legal "protection" from these roving hyenas? We get a "sanctuary city" where young, illegal, criminal immigrants are are allowed to grow up shielded from federal law enforcement so they can commit adult crimes. A society can exist with a spirit of fair play but not with a conniving legal- law-breaking mentality.
Too much concentration on national defense leads seamlessly to a C.I.A. that foments trouble that leads to war on a proactive and preemptive base. Better to spend military money on infrastructure improvement. Less opportunity for mischief.
Moderate is better than too much.
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