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Cato Podcast

Workforce Development and Broadband Spending

Cato Podcast

Cato Institute

Cato, Peace, Policy, Politics, Markets, Defense, Government, News, News Commentary, 424708, Immigration, Libertarian

4.5979 Ratings

🗓️ 29 November 2021

⏱️ 13 minutes

🧾️ Download transcript

Summary

How should success be measured in state-led efforts to provide rural broadband? Will Rinehart of the Center for Growth and Opportunity comments.

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Transcript

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0:00.0

This is the Cato Daily Podcast for Monday, November 29th, 2021. I'm Caleb Brown.

0:08.0

The push for rural broadband hasn't gone very well to the extent that governments promised that the deployment of

0:13.9

high-speed internet will be cost-effective there's really not that much evidence

0:17.4

either way that from Will Reinhart of the Center for Growth and Opportunity

0:21.7

he says the claims about workforce development

0:24.4

are similarly misleading, and the public ought to be more skeptical of claims about the power

0:30.1

of rural broadband.

0:32.0

There is a big push to get broadband into rural areas and I can tell you from the

0:38.1

experience of visiting my father in southwest Missouri that it is frustrating to visit a home that does not have hot and cold running internet.

0:50.0

And so I definitely feel his pain and he's definitely the person I think of when I think of people who are stuck using 3G connections in order to send and receive pictures of grandkids.

1:05.0

Yeah, like my grandmother.

1:07.0

Yeah, and so that stinks and I don't like it, but at the same time I am just highly skeptical of government attempts to sort of goose that

1:16.4

industry or you know the worst case scenario take charge of the entire process.

1:22.0

So what we've seen a lot of states try to have their plans to do this.

1:28.5

Have any of them worked particularly well?

1:31.4

It depends on what you mean because the big concern that most local

1:36.6

policymakers have is that broadband should help local economies and

1:42.4

boost productivity. The unfortunate side of broadband is that those

1:47.6

things don't actually happen. What ends up happening instead is that broadband comes into a region and it shifts the

1:54.9

markets. It'll shift the labor market, it'll shift the retail market, but it doesn't

1:59.4

seem to do all that much in helping the actual local productivity or the local educational opportunities.

2:06.8

Those things come with computers, with cell phones, with all the other ancillary connected technologies, not just broadband itself.

...

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