I think Boeing and 737 Max:
https://www.washingtonpost.com/investigations/how-the-faa-al...
1. Real-world data. We all know how it went. Like a scientist, I go by with empirical data when dealing with complex systems that can't impact 100s of millions and not by ideology. The last time a govt audited private financial decisions (and other decisions) was when Soviet Union was alive. Let's do a 5-10 year A/B test and see before making a massive change. (This way we ensure dead sparrows don't cause famines.)
2. Also, why can't the govt clean up its massive fraud and wastage first? Isn't that serving the interests of the public more than political commissars micromanaging every nook and corner of the country? First, the govt should clean up massive fraud wasting tax payer money. Then, lets talk about govt auditing minutiae of businesses. In these kind of threads, there is an assumption that the govt. is 100% efficient. It is not. 2 seconds of digging:
https://www.nbcnews.com/politics/justice-department/biggest-...
https://www.washingtonpost.com/investigations/pentagon-burie...
3. Just because something is important, doesn't mean a bureaucrat should micromanage that by default.
Note that people who actually think that's a good idea can probably find a way to go live in China and enjoy their social credit score there.