FCC Micromanagement Could "Blow Up" Planned Spectrum Auction
Does the federal government have too little on its plate these days, or too much? The American public is unequivocal on that question, with a record 60% telling Gallup that bureaucrats are wielding too much power. Only 7% say "too little."
Despite that ugly reality, the Federal Communications Commission (FCC) seeks to increase its level of micromanagement over our telecommunications market. The auction of spectrum from television stations to wireless carriers is obviously long overdue, and ideally would improve service quality and speed within that growing market. Unfortunately, the FCC intends to limit participation in bidding on highly valuable low-frequency airwaves by excluding the largest and most successful carriers in many markets. As Bret Swanson observes at TechPolicyDaily…[more]
Familiar is the parable of the boy who murders his parents, then seeks leniency because he is suddenly an orphan.
When it comes to budget deficits, Barack Obama is more like the boy who knocks off his parents, then brags that he drove them to the morgue.
While his public approval rating plummeted this week to a new low of 37%, here was Obama in a press conference rationalizing his refusal to even negotiate over the nation’s debt limit: “Don’t tell us that the government is going bankrupt, when the deficit has been cut in half!”
The only problem…
"Our problems from the ACA have only just begun. Excessive regulations for health insurance, such as fixing prices and profit margins while requiring bloated coverage that most people never wanted, and then minimizing the fundamental considerations of risk in pricing insurance, is a recipe for increasing premiums and reducing coverage choices. Major insurers all across the country are already declining…[more]
—Scott W. Atlas, MD, Hoover Institution David and Joan Traitel Senior Fellow
— Scott W. Atlas, MD, Hoover Institution David and Joan Traitel Senior Fellow