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Is Texas a prime example of what trusting private business to deliver fair and affordable services will result in?
In Texas the trust in deregulated and private energy companies totally effed everyone. If you were unfortunate enough to lose power, you froze and very likely your home was severely damaged. If you didn’t lose power, your bill sky rocketed to a fee that is more than the rest of the country pays in ten years of use. And everyone ended up with un drinkable water for who knows how long. This is proof of how poorly the private sector provides services compared to government regulation.
4 Answers
- ?Lv 71 month ago
Yes, just as California is a prime example of what trusting quasi-governmental utility companies to deliver fair and affordable services will result in. Turns out that corruption is bad for consumers whether it's the public or private sectors doing the screwing over.
- ArcherLv 71 month ago
Texas is an example of what the New Green Deal would do if you just shut down all fosses fueled power generation like some idiots want to.
- Anonymous1 month ago
Texas is suffering the results of deregulation. The customers in the power grid agreed to the TOS. On the surface, it looked great to them (deregulation sounds as beautiful to them as the word "socialism" is ugly). The problem is how far lost they get when the layers peel back to reveal the complications. Half the people have less than avg. intelligence. That's a huge pool to find victims.