Politics 101: Free Enterprise Saves You Money Myth
- At June 04, 2024
- By Daniel
- In Education, New Video
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A mantra of Conservative politicians is free enterprise and business deregulation. They claim it saves consumers money. Decades of free enterprise has not enriched most people. But, it has enriched some people and saved businesses money. The Dow Jones Industrial Average was 875 when Ronald Reagan was sworn in as President in 1981, today it is nearing 40,000. Have you prospered from free enterprise?
In this video:
• What is free enterprise? 00:40
• How regulations save consumers money. 1:26
• Less competition equals fewer choices and higher prices. 2:30
• Giving business the freedom to scam consumers. 3:37
