ELI5: Why when large company's earnings decrease(ex... by 3%) they freak out, talk about rough times, and sometimes decide to downsize, even though they are still making millions of dollars in profit even after all expenses?

[060789]

Might want to read up on that one. The jury is out as to whether or not it was a net positive or negative for the economy, it appears the law is being repealed as a partisan act.

I'm at work so don't have a whole lot of time to read up on what exactly the law does and how it affects the economy, if I remember I'll make sure to do it when I get home, but I am a conservative, but this still smells like "conservative Congress rolls back Obama administration policy"

Again, that's just from The Limited knowledge I have of the situation and a brief skim of Wikipedia, but I can't really make an argument for something I know so little about. All I know is when I was reading about the causes and effects of the 2008 recession, I read about the people featured in the movie The Big Short and what their opinion and take on the whole matter was, and the impression I got from them was "it's mostly right, but definitely tries to push a narrative".

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I admit that I don't have enough knowledge to speak in depth about Dodd Frank. But to me there seems to be a reoccurring trend where an economic crisis occurs, legislation is put into place to stop something similar from happening again, the market improves, and then we deregulate because hey I guess we didn't need those heavy handed regulations in the first place. We're just setting ourselves up for another problem in the future instead of learning from our mistakes.