Offshore Drilling Ban to be Lifted by Bush

[Kevy Baby]

Originally Posted by wendybeth

You obviously do not have Qwest as your answer to the MA Bell divestiture. I miss PNW Bell, as do most people around here.

Let's see: we now have CHOICES in phone service. There is major competition amongst phone companies for your business. New products, services, and technologies, which we may or may not have seen without the breakup, have appeared (I believe mostly not, but we will never know).

Qwest and Worldcom were individual instances of this being less than a perfect world (something I have repeatedly acknowldged). But I believe that our economy is generally better off with de-regulation.

Originally Posted by wendybeth

Oh, and the rules did not limit growth- they limited graft.

Usually, the rules which keep monopolies in place and over-regulate industries limit competition which takes away the incentives for companies to innovate and grow. That is an econmics 101 lesson.

Originally Posted by wendybeth

Perhaps you can point out companies or examples that support your stance? I'll willingly change my tune if given some positive input.

It wouldn't be companies to point out, it would be industries. I believe that the phone company is a good example of that. No, it is not perfect, but I believe we are much better off overall with a deregulated phone system.

I am sorry I cannot expand on that, but I am running short of time.