[quote=Noob]Why would the product being water or electricity be any diffent? It it is important and useful, not to mention profitable and a good investment, the private sector will fund it. Otherwise, its just a hare brained, money losing idea–and why would the taxpayer want to be involved in that?[/quote]
Exactly.
Dasani, Arrowhead. They didn’t need government funding and they have a water company. I purchased a water filter. Doubt they were funded by the gov.
Electricity is a screwed-up industry, that’s for sure, but if you can’t convince private funders to pony up the money, it means there isn’t enough payback to justify the risk. Period.
So, you go to the government and suddenly, they think it’s worth the risk ? The gov. shouldn’t be in business at all. Why do they need to fund businesses now? The list of things the government does but shouldn’t do grows daily, it seems.