There has never been more regulations placed on businesses that deliver middle class wages. Trump may have rolled back a handful of redundant regs, but that's just a finger in the dike. Healthcare costs and costs of coverage continue to geometrically increase because of government interference. IIRC, employer-provided healthcare may even be diminishing in some fashion. Not sure.
As for IP laws, I'm not sure how you're relating that to the collapse of the US/Western middle class, but I'm sure you have a reason to mention it.