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Comment by fourthark

3 years ago

At $55/mo, he'll start making a profit in 45 years.

From the article: he had $2.6MM in help from the "American Rescue Plan's Coronavirus State and Local Fiscal Recovery Funds".

He's being paid by the government to bring Internet access to homes in the state that aren't currently wired for it.

  • Gotta pay your fair share, so it can be granted out for someone elses gain

    • This is literally how societies function - you contribute a small amount to the general pool, you use small amounts from the general pool. In some cases bigger chunks go for bigger works like ISPs or bridges. I certainly hope you don't want a world where every road, bridge and traffic light is independently owned.

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    • Today you help finance someone’s fiber, tomorrow they help finance your hospital/fire dept/etc, that’s the whole idea of public works.

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    • This is also why USPS is crucial for rural areas. The Government should be subsidizing this work because if they don't people in rural areas are left behind.

  • That bill and these types of projects are basically why we have 10% inflation now.

    • How does spending a lot of government money make goods and service more expensive?

      EDIT: At least here in Western Europe, we mostly have a supply side inflation, because energy got a lot more expensive, not because the government has been "printing" a lot of money. I suspect it's the same in the US.

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    • Damn, this project is even hurting me in the UK then because we're also at 10%. Curse you Jared.

    • Yeah I'm sure this is the exact US "government waste" driving the global inflation right now.