Tuesday, April 25, 2017

Talking Points: Free Market Policies

Republicans tend to support a so called Free Market and Democrats tend to over regulate. The free market idea is laudable but only works if there is a real choice and no penalty or stick for not using the service. However, left to free reign companies will often do whatever they can to improve their bottom line and often are more concerned with the short term than the long term. Publicly traded companies tend to have a shorter attention span than private companies who are not beholden to stock holders. Regulation is important to curb abuses where that bottom line benefits at the expense of non customers.  Customers if there is a choice can vote with their dollar.  However in cases of pollution, employee abuse, public safety or where the government is the customer regulation is important. 

No comments:

Post a Comment