All we here coming from the Republicans in Congress, is that to grow jobs we need to lower taxes and cut regulations. The concept becomes laughable. George W. Bush did that and the nation's economy bled jobs and caused a global economic crisis. Leaving the tax debate aside, let us look at what deregulation looks like in a manner that most might be familiar with.
Take a look at Facebook or Android market. They operate on a model of limited oversight as to the what app developers can place in the marketplace. How many times have we, or someone we know, discovered that some of these apps were little more than malware delivery vehicles. One click and you have spammed your entire friend list, and then need to work hard to undo any damage caused. This causes grief, and perhaps the expense of having any virus or malware professionally removed.
On the other hand, Apple's App Store controls the content in its marketplace. They examine apps that developers wish to sell in their marketplace to ensure that it is free of malware and won't harm the device it used on. This regulation hasn't stifled business, except in the cases where the developers business model is to spread spam or malware. The Apple App Store is the benchmark by which all others are judged for its ease of use, ease of access and the volume and breadth of its offerings.
There is no evidence that proper regulation harms the market, in fact it is quite the opposite. Proper regulation keeps the market fair and prevents harm to the consumer, and therefore is beneficial.
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