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What you know is what you have read. Just because the Bible says a person is commanded to act a certain way doesn't mean they will. I respond to people telling me about how they can't do any wrong because they are Christian the same way Ronnie responded to the government saying they were there to help.
Costs can only go down so far. No matter the competition.
A majority of Americans don't pay much in taxes. The people that do pay the taxes also get the most out of the system through use of the commons and keeping their customers in a position to be able to use their services.
Private companies have every incentive to drive other companies out of business so there is no competition.
That last sentence nailed it. That said, it is literally impossible to drive all competitors out of business in a free market, with a single exception. They will see the money being made, and they will try to do it better.
That exception? When a company is so good at what it does and has such low prices that nobody can compete - in which case, it doesn't matter that there's no competition. Case in point: ALCOA, early 1900s. However, the second someone finds an area where they're slack, competition will start up.
You never did take me up on my challenge to show me a true monopoly that was not state-aided.
A true monopoly has no competition and unjustifiably raises prices, rather than lowering them.
I didn't understand why you were asking me. I never mentioned monopolies. I think the last true monopoly was Ma Bell. Carter broke that up if i remember correctly. He was severely criticized for it naturally.
Wouldn't it suck to be POTUS? No matter what you do the minority party tears you up over it. Even if it was something they were trying to do while they were the majority.
So what was the reason for the monopoly question? I always liked to play the banker so I could win.