telecommunications

Well, who can possibly be surprised by the revelation that “The federal government’s economic stimulus package will include investment in broadband Internet infrastructure and funds to upgrade and repair the national power grid alongside more traditional funding for road and bridge repair.”

Details, as usual, do not exist, other than the obvious golden chains that come with power grid investment: get the cash, but throw it away on inferior “renewable” investments, thereby draining future wealth and resources (for example, no fuel is “greener”—in the proper sense of the term of using fewer overall resources—than petroleum based gasoline). Meanwhile, government power over energy grows.

Labor groups are not merely being placated with the package but helped spearhead it (they insist “millions” of jobs will be created). This helps assure that future generations will see more fiascoes like the disaster in the current auto industry—yes, tomorrow’s productivity will improve, but the workers who are sent home still get paid (that’s the auto industry’s actual problem).

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