$7 million per household for broadband?!

A new study criticizes the Broadband Initiatives Program (funded by the 2009 federal stimulus plan) for subsidizing the construction of duplicative broadband networks and imposing high costs on taxpayers while placing private sector providers at a competitive disadvantage. Nick Schulz, a fellow at the American Enterprise Institute, writes in Forbes:  “No one is against expanded access to broadband. And in rural areas especially, where there might be less market incentive to provide access, maybe there’s a role for government to play. The question for prudent policymakers is how much such a … Continue Reading →