I won't criticise actual parents - these are their children, their decision, their responsibility and their either regrets or appreciation later. That is a trade-off and they will see in about 20 years whether it was worthwhile. Even not having children I know parenting is difficult (I just remember how hard it was for my parents). However I definitely appreciate that I was allowed to wander through my town (in central Europe) when I was a child/teenager. Moreover - I regret being so afraid of everything and not exploring more. Maybe it was a time to have that fear so that I could overcome it in later stages of life. Maybe.
To be a devil's advocate - maybe lower frequency of crimes against children is a result of that red tape? Or maybe not. I don't know.