Nope, it would never go backwards. In fact liberals are in bed with some of the very worse offenders of the worker, Banks.
No one has called for all regulations to cease. But there are millions of pages of regulations out there for business to follow. It is easier for a major corporation to hire the necessary experts to sort them out, they also have a greater work force and more opportunity to absorb the costs. The small business owner is hard pressed to keep up. So in reality many of these regulations are sought after by big business to eliminate competition from small business owners. You liberals just go along with it and crush the small business owner.