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by jeo123 974 days ago
Suppose to. But USA isn't exactly practicising free market. Coming back from doing business in China, their market is truly competitive and free as long as you factor out some specific "Government guanxi thing" and "central government policy" (e.g. clamping down on private tuition and enrichment classes). Their EVs have no restriction like in USA where Tesla cannot sell in some region because of existing car dealership. Insurance too are consider "costless" to high risk group and must never deny pre-existing. All this extra government intervention in USA really not helping "free market". In USA the last 3 presidents, things get so anti-competitive and almost like centralized planning to some extend (solyndra) especially Bush-Obama time. The only unrestricted "free market" now is people. You see that Cali moving to Texas over the last decade. Expect similar things to happen to Florida as well in this decade.