Countries like Germany have a more robust regulatory system and higher taxes yet it retains its businesses at higher wages than our country. Please, "ties the hands of businesses" ?? Protecting workers health and well being, protecting our water, land , air and food from polluters, etc is "tying" anyone's hands?? Well I guess that is why we are a better country to live in than China which exploits its workers, ignores health and safety concerns and pollutes at will. A decent regulatory system in a decent government should rule over a greedy rapacious strive for more profits!!