Fear of costly regulation? You can say that with a straight face? You say fear of regulation is causing people to not hire other people without regurgitation?
How about because companies figured out how to make the same amount of profit with less employees?
How about because nearly every company operating in the U.S. that doesn't absolutely need employees to be in the U.S. (and even some that do) can now hire people outside the U.S. at a fraction of the expense?
How about because in a vicious cycle where no one has a job, there's no customers or consumer economy to support businesses who might hire new workers?
How about because whereas once "job creators" like Ford figured out his workers should be able to purchase their company's own products if that company were going to sell enough product, today's corporate overlords feel a U.S. consumer economy is unnecessary to their profitability?
Oh yeah, fear of cumbersome regulation. That's way up there on the reason there's no jobs.
