To put it simply, taking peoples' income away by killing their employers does not help them; it hurts them.
Are you opposed to that regulation also, or is there some rubric we can use to choose what regulation is acceptable?
You can't take something away from someone if they never had it.
Is regulation created today different than regulation created in 1950 for some reason?
Like sure, it's worth accounting for the 1950 regulation apparently working well enough to keep when you look at it, but you are arguing that further restrictions are self evidently bad and existing regulations are (apparently anyway) self evidently fine.
Our dwindling birthrates make this harder and harder to do unless we stop supporting retired seniors and end retirement benefits. Seniors are on their way to outnumbering other demographics. Historically, working adults outnumbered seniors 4 - 1. Now it’s getting closer to 2 - 1 which is still unsustainable.
Just like capitalism, socialism and socialist programs need the right kind of population growth; or both systems fall apart.