I've seen this movie before.
- Existing private system does fairly well, vat majority customers receive what they pay for, and fairly satisfied with they they get for their money
- A few with little more than theoretical and / or academic knowledge says the system isn't fair, start complaining
- The complaining grows louder until the government can't ignore it any longer
- The governmnet, also have no more than a theoretical and / or academic knowledge of the technologies involved dictates how it's going to be from then on
- The government passes their 'solution' into law, claims it the best thing since sliced bread, and forces it on an unwilling market (the complainers have disappeared by then never to be found again)
- The government solution, not being based on any sort of technical reality, completely distorts the market forcing market players to change their business
- The market players change their business and the bill comes due. Surprise! It now costs more than it did before, and fewer customers are satisfied
- Those that started the complaining can't be found and / or never admit they complained in the first place
- Everyone's pissed off and complains that they are paying for and getting less = government in action
Last time something of this significance was when the government broke up Bell, and created the RBOCs (Regional Bell Operating Companies). Same thing then. Prices went up, and customer satisfaction went down. In the intervening years, the Bells have reformed themselves into fewer larger companies, if not a single large company. In fact, the most successful RBOC bought AT&T in recent years, and renamed itself at&t.
When are we going to learn to leave well enough alone, and especially leave the government OUT of it?