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Tuesday, July 20, 2010

Federal Telephone Subsidy Survives Changing Technology

“Americans are turning away from home phone lines and toward mobile, but a federal program continues to pour $8 billion a year into phone service for rural homes and businesses. Last year in Chelan, Wash., for instance, the fund paid an average of $17,763 each for 17 residents to get phone lines.” (Washington Post, Tuesday)

“Nothing is so permanent as a temporary government program.” –Milton Friedman

FEE Timely Classic
“Subsidies Hurt Recipients, Too” by Burton W. Folsom Jr.