The internet fuels the 21st century economy. Everyone agrees we need to keep investing to make the internet even better and more accessible to all Americans. We also know that the hundreds of billions of dollars required to keep America’s internet thriving won’t come from the government – as schools, roads, utilities, and health care already compete for scarce public resources.
We must unleash the private sector to invest in a better, faster, more accessible internet. Yet, government regulations, initially written during the Great Depression and intended to regulate land-line telephone companies, are undermining that e ort. Our policies need to get with the times.
Economists have measured the negative impact that the 1930’s regulations, known as “Title II,” have had on broadband investment in America. The bottom line? These onerous regulations, and even the mere threat of them, have driven down broadband investment by between 2% and 21% – translating into billions of dollars in lost investment and limiting the economic power of the internet for the American people.
Here we have compiled the key findings from these economic analyses: