“And there is no better institution than government to determine what the reasonable price is or what constitutes a fair profit.”
Since long before I was born, electricity rates have been set under law.
And the government made the interstate highway system before a lot of people were born. So what?
People act like we wouldn't have electricity and highways if it weren't for the federal government. We'd probably have the best schools in the world if it weren't for government. Government is just promoting our general welfare though, right?
Nothing like big government conservatism.