PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Lazarus_Long who wrote (132676)	3/21/2001 7:55:13 PM
From: greenspirit	Read Replies (1) of 769667

The case for deregulating the electrical power industry can be easily made by looking at what has happened to the telecommunication industry. It was painful in the first few years, (large scale change usually is) then market forces started acting on the system, and we were rewarded with the internet and 3 cent a minute long distance phone rates. Which continue to plummet every day. Who knows what kinds of innovations would come to the forefront if we deregulated the electrical power industry. Certainly more than we have seen in the past 40 years. The conservative position is to allow free market forces to come into play with reasonable safety mechanisms. For instance, we wouldn't want an elderly person who subsists on social security to have their heat turned off in the dead of winter for being one month behind on their bill. And we wouldn't want children's lives being threatened by the cold. Michael

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