<We regulate plenty of industries-- phone, cellular, electricity, gas, airlines (yes we have plenty of regulation, just less than in 1980), military products, cable. For each one, Reginald, name a country which has a better product than us and doesn't regulate it. Actually, try doing that for any of the services I mentioned.>
Electricity and Gas - The Swiss, due to early deregulation
Phone - The Brits before the recent acquisitions
Military products aren't truly regulated, there is only one real customer.
Cellular is also very lightly regulated. Notice that the heavier the regulation the easier it is to find better efficiencies elsewhere.
<For each one, Reginald, name a country which has a better product than us and doesn't regulate it.>
I mentioned hypergrowth and supernormal profits. Why are you trying to change the subject of my post? |
