Where would we be today if the federal government had enacted a “Cell Phone Neutrality” act in 1987? A policy saying that nobody could pay a premium for a snazzy, newfangled, small cell phone until everyone had a big, clunky, expensive one?
How about a “Car Safety Neutrality” act in 1971, saying that no one could pay a premium for a car with airbags until everyone had a car with airbags?
What if we passed us a law saying that nobody could pay a few bucks extra for good healthcare until everyone had crappy healthcare… Oh, wait.
The United States government: giving the most successful piece of infrastructure of the 21st-century regulation that didn’t work in the 1930s.
Note to liberals/”progressives”: when companies release “premium” products, other companies notice that less-“premium” people want them too – and they find ways to make those “premium” products more affordable. And everyone wins.
Which is why poor people have cell phones, consumer electronics and cars of higher quality than the rich had 30 years ago – but their healthcare, education and mass transit keep getting worse.