The same law also set aside $42.45 billion - that's three Ford-class nuclear-powered aircraft carriers - to deploy high-speed internet to millions of Americans who currently lack access.
This is the part of the column where I'd ask you to guess how many Americans had been wired for high-speed internet after 2.5 years and all of those billions, and then you'd say, "Zero?" and then we'd both say we need a drink.
Remember those "Shovel-ready jobs" from the last time Biden was in charge of doling out billions of other people's money? Yeah, that was great.
We've seen the same issue crop up with getting those EV charging stations built and with the $52 billion CHIPS act that is supposed to on-shore advanced chipmaking but is looking more like a big bailout for Intel without doing anything to help the company recover from years of misplaced bets and poor execution.
There has been an easy solution for getting high-speed internet to rural areas staring at us in the face: Starlink.
But where's the graft in sending out $500 checks and letting them set up their Starlink transceivers? Where are the union jobs? Where are the meddlesome rules and regulations? Where are the local commissions with their hands out? WHERE IS THE GRAVY TRAIN? The $42.45 billion was never for high-speed internet.
The $42.45 billion exists so there would be $42.45 billion to dole out to interest groups gathered at every stop along the route of Biden's low-speed gravy train.
No comments:
Post a Comment