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Re: Re: Brits want nationalisation of rail.



At 07:26 PM 12/21/2000 -0800, you wrote:
Chris writes about the privatized British railroad system.  It makes me think
that we might do well to construct a web site with a catalog, short
description and links to failures of privatization and deregulation.

today I went to the Target mega-variety store [non-union, like all of its ilk, WalMart, etc.] to buy some Xmas lights. A Black woman behind me in line asked me if I was going to be showing them outside my house. No, I said, they're for indoor use for only a couple of hours a day (at most) because of the electricity emergency. What do you know, but she starts trashing electricity "deregulation." Even since we started all this deregulation, she says, it's been going bad. I agreed, natch, giving her the example of the airline industry. Then the woman behind her in line chimes in: "deregulation is just another word for 'screw the consumer!'" -- adding that it was going to get worse during the next four years. The line moved forward before the riot started. These folks know economics pretty well, better than most economists.

On the other hand, I noticed at the grocery store yesterday that "TV
dinners" are now called "family meals." Sign of the times. (For those who
don't know, these are frozen dinners, complete with inedible corn or
what-not. My son _loves_ them.)

Jim Devine jdevine@xxxxxxx & http://bellarmine.lmu.edu/~JDevine




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