President Joe Biden is kicking off a more than $42 billion plan to give every American household access to high-speed internet by 2030. The initiative is the next stage of Biden’s push to invest in America ahead of his reelection bid. White House officials compared the plan to Franklin D. Roosevelt’s effort to bring electricity to rural America in the 1930s.
Yep it seems like once a decade this same thing plays out. Billions of dollars are spent by the feds to push for broadband, nothing actually happens except the funds get sucked up by the ISPs who claim it wasn’t enough for them to do any meaningful push for expansion.
The only way I see something like this working is if the federal government started their own ISP and did it themself. Of course that would be ripe for corruption too. Maybe if they setup a trust with specific rules that couldn’t be broke in terms of profits earned.