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Old 05-24-2019, 07:59 PM   #120
tw
Read? I only know how to write.
 
Join Date: Jan 2001
Posts: 11,933
We keep having to discuss the same reality repeatedly. When destructive economic behavior throughout the 1920s eventually created a stock market crash in 1929, then when did fact (maasive job losses) eventually appear in nation? 1933. Stupid behavior such tariffs created a massive recession throughout in the next decade. Not one year. One year might as well be a minute - when discussing economics.

When Clinton finally liberated 1981 broadband technology in 1996, when did it finally become defacto standard in the economy? 2000s. It takes that long for markets to respond.

When George Jr created a tax cut in 2001, when did the resulting recession occur. 2006/7.

When William Clay Ford finally let engineers start designing the cars in 2001, when did profits finally happen? 2009.

We know Comcast et al tried and were eventually caught trynig to subvert internet traffic. We know. IEEE Spectrum said it was happening. The FCC exposed and censured Comcast for doing that.

So the duopoly learned to do subversion slower. Resulting degradation to American internet, that started under George Jr (Micheal Powell), created these duopolies. America fell from the top internet provider to somewhere in or below the top ten. They will now continue the subversion now that Obama is gone.

It will not happen in a microsecond as UT would have us believe. But already rates have climbed so high that a strong movement has resulted in less Comcast customers (numbers provided previously) and a surge in antenna sales.

Funny how UT constantly ignores the constant price increases and obscene profit margins. Somehow inferior service justifies that increasing prices and profits.

Consumers have TV options. So the every increasing cable prices are creating less customers. The market of internet providers, once maybe 20, has been whittled down to two by a central committee to enrich the rich and to increase campaign contributions. UT (and Fox News) says this is good.

He always see economics in terms of microsecond results. Under the 'we have contempt for the consumer' administration, even Robo calls have increaes massively - by hundreds of percents. Apparently UT also thinks this is good. Or foolishly assumes a 'woe is me - we cannot do anything' mantra.

Just like George Jr's tax cut and as I predicted by learning from history. His 2001 tax cut created the resulting recession five or six years later.

How long does it take an innovation to finally result in profits? At least four years. For cars (example cited above), closer to ten. Only a bean counter thinks what he does today results in profits this year. One should learn from history.

When Nixon wasted all that money on Nam in and after 1968, when did the resulting recession occur? Mid and later 70s. We have not yet seen and should not expect to see yet the damage created by subverting the net. As UT is constantly told even back when he just knew George Jr's 2001 Tax Cut would be a good thing.

Have we seen the massive economic damage from The Don's destruction to trade? Obviously not. That resulting recession is coming - many years later. This is still an Obama economy - where net neutrality was not being subverted.

Last edited by tw; 05-24-2019 at 08:05 PM.
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