You’re putting words in my mouth. Is that you, Schiff?
Some industries are natural monopolies and the tens of billions of dollars to deregulate them and make them competitive has royally failed. Telecom deregulation, airline deregulation, trucking deregulation, natural gas deregulation all succeeded wildly. But deregulation in the power industry is a complete and total failure.
” But deregulation in the power industry is a complete and total failure.”
Most of the power industry is NOT deregulated including PG&E.
Where are those failures?
“Some industries are natural monopolies “
Which ones?