My $0.02c+GST worth.
Sub contract the entire regulatory function to the kiwi's. They seem to do much better, and the USA always gets the "American" label as being bad for you. So if we took $200M over 10 years and invested it in NZ would that not be good for both countries?
Sounds silly I know, but how hard would it actually be to do, compared to the collective hardship we suffer now?
I once thought it was a silly idea, but the more I talk to smart people in industry the more it sounds like the right thing to do.
If I were king for a day.....they say.