Comment Cost control (Score 2, Funny) 565
Before and during FDR's administration, the free market electric company shills argued that providing "socialized electricity" would be a disaster financially since generating electricity was supposedly so expensive that there was no way the government could provide cheaper service. To back up their claims, they pointed to a few mismanaged municipal electric programs as proof that it could never work.
In reality, many of the electric companies were enjoying fat monopolies and wanted to keep their operations small scale so they could keep prices high. The government finally stepped in during the 1930's and proved that electricity did not have to be so expensive if the provider did not have profit as their only motivation.
This sounds so familiar to another debate over other services that should or should not be "socialized" come to think of it...