Blackhawk: It's called "we got you by the balls", it's how business is done today. Your logic is akin saying that companies spend too much money complying with regulations, therefore there'd be more jobs if we just deregulate everything.
Nevermind that the cost of regulation is almost solely in hired labor to keep up with it, but supposedly if they could save money by firing those people, they could then take same said money and use it to hire even more people, even though demand won't suddenly increase to require more production. In addition, we could also enjoy the benfits of lead, mercury and asbestos being re-added to everything, and skyrocketing cancer rates near factories.