Birth of the Digital New Deal: An Inventory of High-Tech Pork-Barrel Spending

[Dave Farber <dave () farber net>]

> From: Monty Solomon <monty () roscom com>
> Subject: Birth of the Digital New Deal: An Inventory of High-Tech
> Pork-Barrel Spending
> Date: Thu, 31 Oct 2002 14:37:37 -0800
> MIME-Version: 1.0
>
> Cato Policy Analysis No. 457    October 28, 2002
>
> Birth of the Digital New Deal
> An Inventory of High-Tech Pork-Barrel Spending
>
> by Adam Thierer, Clyde Wayne Crews Jr and Thomas Pearson
>
> Executive Summary
>
> Congressional spending sprees are nothing new in Washington. But now,
> new spending initiatives are cropping up that cover
> telecommunications services, the Internet, and the high technology
> sector in general. Although federal legislative activity on this
> front is not a formally unified effort, the combined effect is
> tantamount to the creation of what might be called a "Digital New
> Deal." Just as policymakers proposed a litany of New Deal programs
> and spending initiatives during the Great Depression era, lawmakers
> today are devising many new federal programs aimed at solving the
> supposed emergencies or disasters that will befall the
> telecommunications industry without government assistance. The recent
> troubles of the dot-com and telecommunications sectors have only
> added fuel to the fire of interventionism.
>
> ...
>
> <http://www.cato.org/pubs/pas/pa-457es.html>

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