So Joe Public should be able to get a basic understanding of all the regulations that cover: manufacturing, construction, power generation and supply, land title, pharmaceuticals, medicine, commerce, social care, welfare, emigration, immigration, education, forestry and game, wildlife, agriculture, defense, import, exports, legal, automotive, border control, research, tax, entertainment, employment, communication, transport, finance, environment, intellectual property...and a whole bunch of other stuff, at the Federal level. In 6 months. Seriously?
I am sure there are regulations that can be reduced, consolidated or even cut but the number required, just to keep people safe, is huge. Never mind about industry practices, standards, guidance, etc.