We have regulations because of abusive and unethical behavior. If industries have no other motive than to profit then we see all sorts of trash and burn tactics that may get some folks a bonus, but at some point someone is going to pay. Yes regulations hurt businesses. My point is that businesses shouldn't behave in a manner that will result in the need for regulations. We're lucky that the US is still willing to try to keep things in balance.
To quote Publius Cornelius Tacitus “The more corrupt the state, the more laws.” Nuff said.
Regarding offshoring, I don't really have a problem with it as long as it's intent is to supplement a businesses workforce. I do have a problem with replacing workforce with foreign nationals. At some point if everything is outsourced, we'll see our middle class collapse, and thus businesses won't have customer base anymore.