Did FDR and other mid 20th century Democrats do nothing more than cage the beast?

[former9thward]

46. Carter started deregulation but I would not expect you to respect history.

Deregulation started with the airlines, where Carter-appointee Alfred Kahn told the public that the luxuries of that era’s air travel — roomy cabins, plush lounges, airline schwag and attractive young stewardesses — were products of exorbitant ticket prices that much of the public couldn’t afford. Deregulation would squeeze out those luxuries (unless the public really wanted them) — along with pilots earning $400,000 a year for 20 hours a month of work — but more people could afford to fly.

Other deregulations followed: Kennedy’s younger brother Ted held a blockbuster Senate hearing on trucking that led to its deregulation. Rail freight followed suit. Carter’s administration began work on telecommunications deregulation, though the final breakup of AT&T and the beginning of long distance competition happened during the Reagan years. Congress enacted several banking reforms and competition forced local banks to branch out, offer more services and better interest rates, and stop working “banker’s hours.” Health care providers and insurers experimented with different coverage models. Energy companies had to become more efficient at extracting, refining and distributing their product.


http://articles.herald-mail.com/2011-02-20/opinion/28614285_1_jimmy-carter-deregulation-peanut-farmer