Quote:
Originally Posted by pylon
Yes.
Capitalism promotes competition and competition creates cheaper prices. Over regulation stifles everything. Once you have multiple players in anything, at least one of the parties is going to try and buy market share with a lower cost. It's why virtually everything is cheaper in the US. Massive competition and less regulation.
It's why we pay 3X the money for a block of cheese in Canada. You can thank the Canadian Dairy Commision.
It's why our cell phone and internet bills are the highest in the world.
It's why Space X can put a rocket in space for 1/10th of the cost of the government.
I could type out examples for an hour. The US system certainly has its flaws, but it is far better at price regulation than Canada.
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The US had higher inflation numbers than Canada over the last few years.