I wrote earlier about one small subset of regulatory barriers to US investment. Here’s another side.

The Australian Business Review headline pretty much tells the story, and they stand in sharp contrast with the burgeoning US regulatory environment.

Indonesian President Joko Widodo Pledges to Cut Investment Barriers

And the lede:

The new leader of the world’s fourth-largest nation promised to move aggressively to lower barriers to investment and overcome decades of unmet potential that have left Indonesia lagging behind more dynamic Asian nations.

Recognizes the man himself:

…we need investment, we need investors, to boost our economic growth….

And lowering regulatory barriers is critical to that. Because prosperity.