I don’t think that’s a fair assessment of the parties. I think that if you’re talking about some economic issues, the Republicans believe in personal freedom whereas the Democrats want to be more involved in your lives. But with respect to abortion or marriage equality, it’s reversed. And it’s sad that it’s reversed.
I don’t, however, think that all regulation is bad. Environmental regulation is needed, and has been demonstrated to be needed time and time again, because people care less about the Earth than about money.