President Joe Biden is kicking off a more than $42 billion plan to give every American household access to high-speed internet by 2030. The initiative is the next stage of Biden’s push to invest in America ahead of his reelection bid. White House officials compared the plan to Franklin D. Roosevelt’s effort to bring electricity to rural America in the 1930s.
Have we, the taxpayers, not already paid billions upon billions to these telcos to do exactly this already?
Here we go again.
I would be fine with this if the stipulation was breaking up the ISPs. We really need the federal government to bring down the trust busting hammer.
Yay, more taxpayer money to maximize profits for businesses.
More than 7% of the country, or more than 8.5 million homes and small businesses, is considered underserved, with internet speed below the government’s standards of at least 25 megabits per second for downloads and 3 Mbps for uploads.
8x slower than the national average according to Ookla… glad to see these fogies are keeping up with the times and using our resources wisely.
Let’s see how much of this money goes into the major ISPs pockets like last time.
Yep it seems like once a decade this same thing plays out. Billions of dollars are spent by the feds to push for broadband, nothing actually happens except the funds get sucked up by the ISPs who claim it wasn’t enough for them to do any meaningful push for expansion.
The only way I see something like this working is if the federal government started their own ISP and did it themself. Of course that would be ripe for corruption too. Maybe if they setup a trust with specific rules that couldn’t be broke in terms of profits earned.
Oh, again? They should structure it to pay for results, not just handouts to “build infrastructure.”
What a joke. These companies have been paid 3x over for the EXACT SAME THING. See BTOP and ARRA. The companies took the money and ran.
How many starlink satellites would that buy?
