Let’s require government to rate corporate product reliability and to require the ratings in advertising
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(No Ratings Yet) Loading ...By michaelsam2
Published: September 2, 2009
“Chevy trucks are the best” becomes “Save money now on Chevy trucks. We are working to achieve the highest reliability rating, so buy now and get a free 10 year 100,000 mile bumper to bumper warranty.”
Who will do the rating? The non-profits that are doing it now, e.g. “Consumer Reports”.
What about other factors, like performing as advertised (e.g. over the counter drugs), price, resale value, market share, customer service, markup, …? They can be rated too. Reliability is just a starting point.
No! Giving government more power is never the answer. We have to come up with a private rating system that earns a reputation that People can trust. Or we have to learn what companies we can and can’t trust and refuse to buy bad stuff. But setting up a government system simply gives the government more power and destroys our own. This would be yet another way for the government to interfere in the FREE MARKET. When the gov. interferes in the free market, we have no freedom. It takes a free market to support freedom. Government intervention is the OPPOSITE of freedom.