De-regulation, tax cuts for corporations, won't fix the economy or unemployment rate The belief that cutting taxes for the rich and de-regulating businesses will help our economic outlook is in fact a fallacy. Regulations that make sense, protect the consumer, and still allow the business to function are well worth having, if they serve a purpose. Removing regulations for the sake of "job creation" makes about as much sense as taking your vitamins and expecting dramatic weight loss. In both cases, you're not going to see positive results by doing those actions alone. A recent Associated Press article lays this out in greater detail. Acknowledging the proposals by Republican candidates for president, the AP pointed out that many of their statements simply don't hold any weight to them whatsoever : Consider proposed cuts in taxes and regulation, which nearly every GOP candidate is pushing in the name of creating jobs. The initiatives seem to ignore surveys in which ...