rollback regulations to create jobs

No this is not a Walmart ad, but instead a reflection of the political climate that blames regulations for the sour economy. So what's the answer? Should we rollback regulations to create jobs? As anyone would guess, there are reasons on each side to support their cause. In that case, it's up to the picture (or should i say video) to shed some light on the truth.

So just when exactly does relaxed regulations create jobs? It depends on what you mean "create jobs." Sure relaxed regulations contribute to an environment favorable to businesses to jumpstart job growth, but invariably there are always those that abuse the purpose of streamlined regulations. Not convinced? Well if a picture is worth a thousand words, than a video must be work ten thousand words. Look for yourself. In the great state of Texas a horrible chemical fire is raging through Waxahachie. Who wants to bet is related to bumbling flagrant incompetence of workers at the plant under the direction of bean counters looking to cut corners at the expense of safety?

Given this example, just how many jobs did the Waxahachie plant create under the relaxed regulations of the great state of Texas? None -- when you count the lawsuits that will stem from this disaster, which will undoubtedly mean job cuts. This is precisely where the value of regulations come into play. Sorry Perry, big thumbs down on this one. Rolling back regulations to create jobs is merely an illusion and shortsighted as this video clearly illustrates.