Comment on FCC dives in to sink Chinese grip on undersea internet cables

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Ulrich@feddit.org ⁨4⁩ ⁨days⁩ ago

only very large companies get very heavy subsidies for some reason, as if these companies don’t have enough money

LOL it’s not because “they don’t have enough money”, it’s because it gets them to do things they wouldn’t otherwise do, which benefits the public. Like keeping gas prices lower, keeping rent lower, keeping tuition lower, investing in internet infrastructure, creating jobs, etc.

I’m not going to argue the merits of any of these subsidies but people like to act like there’s no logical reason for them to exist.

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