Consider all the labor regulations since. All the complexity of the taxes. The design of cars today is completely driven by regulations - for example, the tendency for cars to all look alike comes from regulation of every aspect of them.
Regulation has driven a lot of industry out of America, as it made it too expensive to operate here.
> Regulation has driven a lot of industry out of America, as it made it too expensive to operate here.
Do you have any sources? I think most offshoring is driven by significantly lower labor costs in other countries. For example, China has a highly controlled economy, but American companies still offshore work there simply because labor is cheaper. Indeed, we've seen some "onshoring" in recent years[1] now that automation is far more prevalent and labor cost is less significant as a portion of operating costs.
No, I don't have a specific cite. But the reason for offshoring is always going to be about lower total costs, of which labor is a large component. There are quite a lot of regulations around labor and benefits, along with the NLRB which is very tilted towards the interests of unions. California recently passed a law where the wages of fast food workers are set by some government board.
In tech, while there are some regulations, I definitely believe that more need to be established, especially regarding the topic of the article. Tech is a bit too loose right now, with the exception of the health industry.
Regulation has driven a lot of industry out of America, as it made it too expensive to operate here.
In what area has government been reduced?