Home > posts > Image of the Day: Obama “Net Neutrality” Regulation Cut Private Investment, Reversal Under FCC Chairman Pai Restored It
June 10th, 2020 9:41 am
Image of the Day: Obama “Net Neutrality” Regulation Cut Private Investment, Reversal Under FCC Chairman Pai Restored It
Posted by Print

As we’ve often noted, the Obama Administration’s zealous effort via its Federal Communications Commission (FCC) to regulate internet service as a “public utility” under the false label “Net Neutrality” was among its most egregious policy offenses.  Conversely, President Trump’s appointment of Ajit Pai as FCC Chairman and the ensuing effort to repeal the Obama Administration’s regulation, thereby returning federal “light touch” regulatory policy that prevailed from 1996 – 2015 when the internet flourished like no innovation in human history, was among his administration’s wisest policy successes.

Specifically, we’ve highlighted how, following the Obama Administration’s “Net Neutrality” regulation effort, private broadband investment actually fell for the first time outside of a recession, but also how investment surged when Chairman Pai commenced reversal that foolish move, which this image captures nicely:

“Net Neutrality” Regulation Harmed Investment, Reversal Boosted It

“Net Neutrality” may be a fashionable crusade among latenight comedians and far-left activists, but Americans shouldn’t be fooled.  Light regulation, not heavy-handed federal regulatory strangulation, benefits us all.

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