“When the FCC Chairman’s office originally unveiled open Internet rules last year, Cisco cheered the proposal, because we support an open Internet and believe that balanced rules that protect consumers and prevent anti-competitive behavior are necessary and appropriate.
Unfortunately, the rules adopted by the FCC today bear little resemblance to the original proposal. They impose far-reaching Title II regulation on Internet access and services. We believe this will inhibit investment in wired and wireless broadband and limit consumer choice in new and innovative services relating to telemedicine, distance learning, and the Internet of Everything.
Over the coming days and weeks, we will study the new rules to see how they impact broadband investment. But we view the decision to impose heavy-handed regulation, rather than a balanced approach, as a missed opportunity.
Ultimately, this issue will be decided by the Courts and Congress, which will have the final say on the matter.”
In the midst of the debt crisis here in Washington, D.C., the nation teetered toward default, but eventually came to a compromise to avert that outcome. A recent article in The New Yorker likened the situation to “. . . members of an ordinance-disposal unit arguing about how to defuse a large ticking bomb.” Our nation faces a large—and growing—long-term fiscal imbalance driven by an aging population, which will dramatically increase healthcare and retirement costs.
The nation certainly faces other challenges: the continuing war on terror, increasing economic competition from emerging world powers like China and India, rising energy costs, environmental concerns, and other new and unknown problems and threats. Any one of these issues would provide a large enough agenda for a president and Congress. Their convergence creates an atmosphere of unparalleled complication for government management.
Overcoming these obstacles will require a “changed” government, a 21st-century government transformed to operate on demand. Read More »