For decades, people in the US have been given a song and dance by the telecoms about how tax cuts, surcharges, and a long list of other expenses are necessary for telecoms to "invest" in infrastructure. The concessions are granted again and again, but the investments are never actually made. In all, US taxpayers have paid $400 Billion in taxes and Internet surcharges for fiber optic upgrades that never happened.
(Score: 4, Interesting) by crafoo on Tuesday December 05 2017, @12:22AM (3 children)
I'm 100% with you on this. The private sector has failed completely. This would have been better handled at the county and state level as a public utility. We are rocketing towards a cable-television future for "the interwebs". 100% a failure of unchecked and under-regulated private industry.
(Score: 1, Insightful) by Anonymous Coward on Tuesday December 05 2017, @12:56AM (2 children)
The hint is in the title: "Americans ======>Taxed<====== $400 Billion".
(Score: 2) by dry on Tuesday December 05 2017, @06:34AM (1 child)
Sure the government didn't borrow that $400 Billion?
(Score: 0) by Anonymous Coward on Tuesday December 05 2017, @10:53AM
Honestly, what point do you think you've made?