Why do people think that deregulation in business and corporate welfare guarantees job creation?

[andor25]

Republican politicians claim that in order to bring back the middle class and the American dream, we need to further deregulate business, and we need to give even MORE tax cuts or exemptions to pet industries. But I don't understand how this "makes jobs". Yes, ideally it would free up capital, but that is no guarantee that buisness will bring back middle class jobs. The massive loss in middle class jobs comes from outsourcing. Companies send their skilled labor jobs to places like India and China to skirt US labor laws and save profits. In their favor, they need to stay competitive in a global market. But the current business climate has fostered greed rather than patriotism. Oil companies seek to inflate prices while raking in record profits. Companies like ConEdison raise executive salaries and bonuses while fighting violently to slash blue-collar employee health care and wages. And forget the banking industry and Wall Street! Simply put, what guarantee does the American people have that giving business their wish list of minimal regulation and huge tax cuts will cause Big Business to bring back those outsourced jobs? Is it intellectually dishonest for Republican politicians to behave as though it IS a guaranteed thing? Even as we know they take large contributions from these industries? Can we risk such a thing when we have lost so much already?


Bonus question: Can you imagine any factors by which we, as civilized Americans, might raise the standard of living in our competitor nations so that American businessmen might keep jobs in America without losing globally?

[motega]

I don't know anyone who doesn't directly benefit from this line of thinking who'd agree say such a thing.

[plys]

History.

[warton26]

How can regulations (micro management) help anything. The republicans call the rich "job creators" not true its delusional. What is your solution Obama I do not want to assume anything but I bet you are no as critical of him?

[golding]

So having the highest corporate tax rate in the world encourages companies to invest here instead of other countries. Gotcha.

[bean]

I own a business and would love to hire more. But that's exactly why I can't.
My profit margin is low because of the ever changing regulations in my field. I never know if there is enough to justify new hires.
Plus when someone new comes on they usually cost more than they make at first. More working capital used to make that a situation I could work around.
And with Workman's comp. unemployment ins. Liability ins. and now health care. It cost me about 65 cents for every dollar each employee makes. So to pay someone 20 dollars an hour it costs the company 27 dollars an hour. With those numbers going up with more regulation
Have you ever ran a business or had to make payroll?
Cutting regulations may not guarantee more jobs. But too much regulation guarantees less jobs