Posted on 09/18/2017 1:46:52 PM PDT by LibWhacker
That's exactly the dilemma that any private entity faces in a capital-intensive industry. If the industry in question relies on a very expensive asset with a long cost recovery period, it will often only make the investment if it is not subject to a business environment with competitive pricing. That's the basis of a "public utility" business model.
B,S.
Its why capitalists should not get into bed with the government and why the representatives of government should not get taxpayers on the hook for risks that need to be taken by private industry.
Not surprising at all...
And yes - the Dukes of Hazzard was actually supposed to represent a “small town in Georgia” IIRC.
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