Rolling Internet, Government to ’34
February 2, 2015
[Commentary] If President Obama and the Democrats on the [Federal Communications Commission] are determined to take us back to 1934 legislation for purposes of controlling the Internet today, can we also head back to 1934 for an all-controlling Washington? Federal spending then was less than half of today’s spending as a percentage of GDP, while national debt was 0.15% of today’s $18 trillion level. Washington can hem in a vibrant part of the private sector as if it’s 1934, as long as it also adopts 1934 fiscal standards for the public sector.
Rolling Internet, Government to ’34