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]
Remember how Barack Obama, following his inauguration in 2009, infamously disparaged the concept of American exceptionalism?
“I believe in American exceptionalism,” he sarcastically said with his trademark self-satisfied smirk, “just as I suspect the Brits believe in British exceptionalism, and the Greeks believe in Greek exceptionalism.” Five years hence, his presidency has succeeded in degrading America toward the unexceptional status in which he held it all along.
A vivid illustration of that lamentable reality arrived this week, as The Wall Street…
"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