Read Part II here In February, Congress passed the Obama Administration’s “(Five Year) National Broadband Plan,” part of the so-called “Stimulus.” (As economist Russ Roberts put it, government “stimulus” is “like taking a bucket of water from the deep end of a pool and dumping it into the shallow end.”) The Plan transfers $7.2 billion [...]
I’ve got a new essay up over at the City Journal about John Nichols and Robert McChesney’s proposal to have the government heavily subsidize failing media enterprises to “save journalism.” It follows below: “Socializing Media in Order to Save It“ by Adam D. Thierer City Journal March 27, 2009 With proposals to nationalize or heavily [...]
Our readers may be interested in this excellent WSJ article, Too Risky for Venture Capitalists: Why proposals for a government bailout were roundly rejected. We should all take heart in the the fact that the venture capital community itself resoundingly opposed the notion of accepting a massive infusion of taxpayer money, especially Tom Friedman’s suggestion: “You want to spend [...]
Yesterday I wrote about some of the questions left open at the launch of Recovery.gov. Today some of these questions are answered in a memo issued by OMB to all agency heads, giving guidance on implementing the Recover Act (PDF). Among other things, the memo lays out their obligations regarding accountability and transparency. First, I [...]
The much anticipated site Recovery.gov has just been launched. It has been advertised by the administration as the place where stimulus spending will be completely disclosed to the public. As President Obama says in an introductory video on the home page, “once the money starts to go out to build new roads, modernize schools, and [...]
Sorry, this has nothing to do with tech policy, but I just had to comment on Eugene Robinson’s latest column in the Washington Post singing the praises of an unbounded stimulus plan. For those of you not familiar with Robinson’s work, you’re really missing a treat. Eugene Robinson and his colleague Harold Meyerson compete on [...]
Some sensible thinking here about broadband pork stimulus plans from Saul Hansell of the New York Times. In his piece on the NYT Bits blog this week, “Does Broadband Need a Stimulus?” he argues that people should stop grumbling about the “relatively small sum” of $6 billion that the new administration has proposed for wiring [...]
UPDATE: I’ve created a Google Group for this project. I hope you’ll join it and help us build this tool. Last Thursday I asked for help creating a site that would facilitate crowdsourcing the task of prioritizing the 11,000+ projects proposed in the U.S. Conference of Mayors’ $73 billion “Main Street Economic Recovery” stimulus plan. [...]