The slap fight between Donald Trump and Elon Musk has highlighted the absurdity of keeping so much of our space program and satellite internet infrastructure in the hands of a single oligarch.
The problem would be that nationalising them in this day and age would mean prices would get even worse for everyone, as the government having a monopoly on these things would mean they can charge whatever they want, and with the amount of debt and deficit they have, they’d charge a lot.
Yeah, let’s give the trump administration the power to seize companies it doesn’t like, that is a great idea that def won’t be abused all the time
Congress has always had this power. I’m personally for nationalizing telecomm companies.
The problem would be that nationalising them in this day and age would mean prices would get even worse for everyone, as the government having a monopoly on these things would mean they can charge whatever they want, and with the amount of debt and deficit they have, they’d charge a lot.
As we all know, private corporations don’t charge whatever they want, and don’t jack up the prices because of a “Fuck you, why not?” fee and bill.