In response to:

Keeping Business Honest

Daily Steve Wrote: May 23, 2012 10:30 AM
No that isn't what was said: "That is what a consumer reporter does," Stossel isn't the only consumer reporter out there, it is the combined effort of consumer reporters and the informed public that police the businesses. On the whole they do it better than the government can. Government should confine itself to its proper sphere, providing an honest infrastructure for people to go about their business without undue restrictions from the government. When government intrudes it often 'throws the baby out with the bathwater.'
Instinctively, we look for people's motives. We need to know whom we can trust and whom we can't. We're especially skeptical of business because we know business wants our money.

It took me too long to understand that business's desire for profit is a good thing. To get our money, businesses -- if they can't look to the government for favors -- need to give us what we want. Then they must make continuous improvements and do it better than the competition does.

That competition is enough to protect consumers. But that's not intuitive. It's intuitive to assume that competition isn't...