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joebarnhart
Paxio evangelist

join:2005-12-15
Santa Clara, CA

1 recommendation

reply to Karl Bode

Re: And how do you create that competition?

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.