You're perhaps right, people will one day "demand regulation" because that's what happens when countries get so wealthy that politicians can't pander on bigger issues and instead start making big deals out of smaller ones (i.e. we'll protect you from unhealthy restaurants). Not to mention, like all organizations, governments fight to continually grow. Unlike corporations, governments can't go out of business (easily) and have the support of misguided do-gooders.
Europe is going through this right now. They developed before the United States and they are declining before us as well due to the excess of government.
Finally, to claim economic growth in China is "abusive" is to show total disregard for the poverty of the people living in the country. China is still an incredibly poor country and economic growth is helping move millions out of poverty every year. Would you prefer slower growth and more poverty?
What's the point of commenting if you're just going to name call and divert attention from the original conversation using straw men?
If you really care about people and what's best for society you'd act differently. Granted, 2 people chatting on HN don't matter much, but why even to comment if you don't give a damn about anything other than protecting your current set of beliefs?
Just to clarify:
"A straw man is a type of argument and is an informal fallacy based on misrepresentation of an opponent's position"
You misrepresented my position. I chastised you for not responding to what I said, but that is not the same as misrepresenting your position.