Is the government mandating
“The controls continued on gasoline, causing artificial shortages (as price controls usually do) symbolized by gas lines during the 1970s.Only when President Reagan finally lifted the controls on oil and gasoline in 1981 did the specter of short supplies finally disappear.” So government maximum mandates don’t work. Minimum Wage Hikes Are Causing Businesses to Cut Jobs Why Raising The Minimum Wage Kills Jobs More Evidence That Increasing Minimum Wage Kills Jobs The Evidence Is Piling Up That Higher Minimum Wages Kill Jobs Because…duh.“Key findings include the following: See what the government did there?Its new, ridiculously high, completely unnecessary mandated minimum – allows them to then ridiculously inflate the number of people who don’t have “broadband.” By their definition.Latin America already has two major regional development banks, the Inter-American Development Bank and the Corporación Andina de Fomento, and most countries can also borrow from international capital markets, so joining [the Asian Infrastructure Investment Bank] does not appear to be as urgent as it may be to other founding members.Why does the government mandate that millions of children and adolescents receive certain immunizations for school entry?Not by the definition of anyone who actually uses broadband. : “Section 706 of the Telecommunications Act of 1996 requires the FCC to report annually on whether advanced telecommunications capability ‘is being deployed to all Americans in a reasonable and timely fashion,’ and to take ‘immediate action’ if it is not.” Get that?Government gets to interlope – if government says it gets to interlope. Which also gets us fake news headlines like this: US Fails its Annual Broadband Deployment Test at FCC Thankfully, the Donald Trump Administration’s FCC is undoing the Obama FCC’s ridiculous mandated minimum – and thereby un-triggering the government’s self-appointment to unnecessarily impose itself upon the broadband marketplace.
Those of us who understand rudimentary economics – and/or those of us who have paid any attention at all to the last half century-plus – know the government mandating maximums and minimums is a ridiculously bad idea.Mc Donald’s purchases labor like it purchases buns and burgers.If the price of purchase goes up – the number of purchases go down.The price controls did tame inflation temporarily, but it came roaring back within three years to double-digit levels and persisted through the 1970s because of loose monetary policy.A tight lid on a boiling tea pot can only contain the steam for a time before it explodes.