Perhaps if we truly educated our people we would not have a need for a nanny to tell us when the stove is hot!
The problem is, largely, that the regulations that get written are not always reasonable. In addition regulation today is most often predicated on the supposition that people are too stupid to bother with doing any thinking. For example; coffee is hot, keep away from sensitive parts of the body! But since somebody was too (insert appropriate adjective) to secure the coffee money has to be spent to make a warning that those very same people will not read! Same goes for signing contracts.
The Taco Bell thing was an allegory. Stole it from a movie!