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Every regulation (that isn't globally applied/enforced (so all of them)) creates a regulatory deterrent (where it is applied/enforced), independently of its benefit. This is what I said, and this is also implicit in your comment.

The advantages of doing business in the US that are balanced against "cumulative regulatory deterrent" are largely independent of the specific regulations involved, though not always (much harder to get an educated workforce when everyone is lead-poisoned in childhood). Deciding which costs should be considered baked in (you're saying "no leaded gasoline") and which are on the margin (you're saying whichever 250,000 you claim are as costly as no leaded gasoline) is not inherent to the problem based on "efficiency" alone.

"Benefit" is rarely neutral. Values and politics are its domain. ("It's your luggage that has put the plane over its weight threshold, not my luggage!")

Also,

> To get the jobs back, you have to get rid of some of the regulations.

presumes that other countries' regulatory environments are functionally fixed and not impacted by international cooperation. International effort imposed extra costs on those who would employ child labor, for instance. Other types of responses exist besides "well we have to let them give Kentuckian factory-workers spinal problems because otherwise they'll go off and give Vietnamese factory-workers spinal problems!"




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