🧵 @dbrakeITIF thoughtful analysis of @POTUS broadband plan.

"The choice is not between markets and governments. Rather, government can and should support and build on our current successful, private-sector-led broadband model to finally fill these gaps." https://www.nationalreview.com/2021/04/bidens-broadband-boondoggle/
"[G]overnment needs to play a role. But the fundamental question is whether it should supplement or replace private networks. The Biden administration’s proposal unfortunately leans toward the latter."
While government should help close the rural-broadband gap, Biden's plan "would likely see billions in subsidies radically transform the broadband industry, building subsidized, government or utility-run networks to compete with or, in many cases, replace private providers."
"The utility model promoted by the proposal is a surefire way to stunt innovation. Municipal networks do not invest in research and development, they do not contribute to standards setting, and they raise the barriers to entry for dynamic new entrants."
"The Biden proposal is not the only way ... A well-targeted program that awards subsidies for whatever technology can cost-effectively provide robust speeds to the vast majority of the country combines private-sector dynamism with government solutions to market failures."
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