If it was really that easy then we would have SOPA, ACTA, CISPA, PIPA, TPP and about 20 other bad ideas put on paper.
All of those failed, if they had not, MegaCorp would have significantly more power. Heck TPP had ways for a foreign corporation to sue a local government if they didnt like them banning fracking (for example).
Same thing with NN, if it was named honestly it would be called "The More Government Regulation of The Internet Act of 2019". Next up will be some sad attempt at a US GDPR, but fortunatly our beautiful 1st Amendment throws a wrench in that, it's effictively the gov telling people (corps are made of people:) what they can and can not remember.
But in general, I agree with your sentiment, and if it's more than half a page long (written in crayon) it shouldnt even be considered.