POLITICS

Roosevelt Understood The Power Of The Public Option

03/18/2010 05:12 am ET | Updated May 25, 2011

As governor of New York, Franklin D. Roosevelt crusaded for "public power," government-owned electric plants. He was outraged by the high prices that monopolistic utility companies were charging and by their refusal to bring electricity to rural parts of the state, which, they said, could not be done economically. Public plants, Roosevelt said, could bring power to those who needed it and serve as a yardstick for measuring and keeping in check the prices charged by private power companies...

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