Actually, there is a body of research attesting to your logic:
http://www.econtalk.org/archives/2006/11/peltzman_on_reg.htm...
827 karma · joined October 18, 2010
http://www.econtalk.org/archives/2006/11/peltzman_on_reg.htm...
Besides, if you look at the things the government is doing with the money recently vs. what Google is, there is no contest!