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Karl Bode
News Guy
join:2000-03-02
kudos:39
reply to FFH

Re: And how do you create that competition?

Creating a better economy through a lower deficit and trickle-down Reagonomics, and then just hoping the nation's networks achieve utopia organically doesn't strike me as very concrete....



joebarnhart
Paxio evangelist

join:2005-12-15
Santa Clara, CA

1 recommendation

said by Karl Bode:

Creating a better economy through a lower deficit and trickle-down Reagonomics...
Actually that would be a pretty good start. One enormous problem we have as a country is that we have no capital to lend small innovative businesses to create fiber networks. Companies have to grow on a pay-as-you-grow "self funded" model which slows down fiber rollouts.

Why do we lack capital formation? Two reasons are tax policy and competition for lending with the government to finance the debt. It really would help all Americans if the government would just live within its means and cease micromanaging everybody in the country.