Would You Pay $7mil For Internet Access?

By: Repair_Man_Jack (Diary)  |  July 6th at 09:45 AM  | 

The American Recovery and Reinvestment Act (ARRA) appropriated $7.2 billion to subsidize broadband deployment, including $2.5 billion to the Rural Utilities Service (RUS). Prior investigations have shown that RUS’ broadband subsidy programs were not cost effective, and often funded duplicative coverage in areas already served by existing providers….The evidence indicates that RUS’ history of funding duplicative service has continued under BIP, and that the current | Read More »

Another punch to the gut of Keynesian economic “stimulus”

By: Bill S (Diary)  |  December 2nd at 09:00 PM  | 

I’m no economist, nor do I play one on TV. However, the argument about Keynesian vs. supply-side economic stimulus has fascinated me since the Good Ship Obama sailed in January. To free-marketeers and small-government adherents like myself, it seems intuitively obvious that reducing the taxes be handed over the government, allowing Americans to keep more of their own money, and reducing the amount that DC | Read More »