3 ms·
Even if it is made public, the problem is still money, not decision-making. It will require a massive investment from the state. Why wouldn’t they just be allo
by laurent92 6y ago
Even if it is made public, the problem is still money, not decision-making. It will require a massive investment from the state.
Why wouldn’t they just be allowed to double prices? The state won’t do better given the same money, they would raise money through taxation, which is still money.
- cool_dude85 6y agoA publicly owned company might have to double prices, but that money would practically speaking have to go into infrastructure spending. If not, the governmental entity in charge cans the C-suite and brings new people in. If a private company like PG&E gets that extra money, maybe they spend it on infrastructure, maybe they give half of it back to investors as a dividend. Then they come back again and ask for more. You don't want any of those nasty fires, do you?