Biden’s Socialist Agenda: FCC’s New Regulations on the Internet Threaten American Economy
President Biden’s latest socialist attack on the American economy is coming in the form of powerful government agencies being filled with modern socialists. These individuals are now targeting the internet, seen as the ultimate prize, by using extensive regulations to dictate how businesses must operate. The Federal Communications Commission (FCC) has recently classified internet providers as common carriers, allowing them to be regulated similar to old telephone companies. This gives the FCC the power to control prices, investment decisions, and labor policies within the industry.
The regulation known as net neutrality was briefly enforced during the Obama administration with negative consequences. The Trump administration did away with net neutrality, leading to increased investment, lower wireless prices, and improved access to high-speed internet. However, President Biden’s administration is now looking to reintroduce these regulations, hindering progress in a time of rapid technological advancement. This move is being welcomed by countries like Beijing and Moscow who see it as an opportunity for greater control over global communications.
Be sure to follow us on Twitter and send securely encrypted tips for more updates on this issue.