In the last month, at least two members of congress, Maxine Waters (D-Calif.) and Maurice Hinchey (D-N.Y.), called for nationalizing the oil industry. Read that sentence again.
Can someone name for me any private industry that has been taken over by the government where service got better, quality improved, or costs went down? Certainly the government has stepped into a private sector industry and made things better. Maybe health care? How about the school systems?
Heck, the government is only partially involved in health care and education – both considered broken and in need of fixing – imagine if they took over completely.