Kentucky Broadband Plan 'bad idea'
This article appeared in The Courier-Journal on September 17, 2015 Governments at all levels have squandered billions of dollars on wasteful and unnecessary projects. At the federal level pork-barrel earmarks funded everything from indoor rainforests to tattoo removal programs to gigantic subsidies for the solar energy industry. At the state and local level, Boston taxpayers watched as Boston went $10 billion over budget for the “Big Dig,” one of the biggest transportation infrastructure boondoggles in U.S. history. Today some of the most egregious cases of taxpayer waste are government-owned broadband networks. In fact, Kentucky is working to secure $324 million for a government-owned network (GON) that the state will, despite a partnership with an Australian financial firm, maintain and operate. State taxpayers will contribute $30 million to this project while federal taxpayers will kick in another $23.5 million. This project is a bad idea for five reasons: the state’s partner on this project, the likelihood of cost overruns, consumer cost considerations, privacy concerns and the weight of competing government spending priorities.