Wrong on all counts. The trade agreements combined with technology are what allowed prices around the world to fall and brought millions of people into the middle class. Regulation cuts both ways. There are certainly many ways in which the US has too much complex regulation. The best example is the US tax system, which is the playground of corporate interests with its loopholes and complexity. The tax code and the way it rewards capital while punishing labour is one of the main reasons that the benefits of economic growth have gone to a very small number of people. The other reason is the US failure to deal with healthcare (it needs a single payer system), under investment in public infrastructure and a crooked system of university finance. The idea that business in the US has gotten the short end of the stick is removed from reality.