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To: EBH

One must differentiate between public and private infrastructure. Roads, bridges, water supplies, sewers and sewage treatment are traditionally publicly built and maintained. Most electric and gas utilities are privately owned and operated although heavily regulated and are known in economics as “natural monopolies”.


47 posted on 08/21/2011 4:27:43 AM PDT by monocle
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To: monocle

You are not getting the point.

These cost of these government regulations are going to be passed on to the consumers or services with stop.

Really, I am not seeing much difference here between the City of Cleveland Council approving a rate hike of 87% for water

or

the EPA’s heavy handed regulation. Which was imposed on the NorthEast Ohio Regional Sewer District(private entity).

You go ahead and think there will be ‘freedom of competition’ with utilities etc. I’ll go on living the reality of flawed system of economic philosophy with regard to utilities.


58 posted on 08/21/2011 8:25:05 AM PDT by EBH (God Humbles Nations, Leaders, and Peoples before He uses them for His Purpose)
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