Yahoo Answers is shutting down on 4 May 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

FitWit
Lv 4
FitWit asked in Politics & GovernmentGovernment · 2 months ago

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

Relevance
  • ?
    Lv 7
    2 months 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. 

  • Archer
    Lv 7
    2 months 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. 

  • Anonymous
    2 months 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.

  • Jeff D
    Lv 7
    2 months ago

    Troll effort: 1.  Begging the question.

Still have questions? Get answers by asking now.