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I have no doubt that Comcast's lobbyists take every opportunity to push for "starve the beast"-style cuts to the FCC. But I sincerely doubt they think it remot
by roc 15y ago
I have no doubt that Comcast's lobbyists take every opportunity to push for "starve the beast"-style cuts to the FCC. But I sincerely doubt they think it remotely in their interest to see the US actually default.
Being able to squeeze more profit per subscriber loses its luster if another economic calamity causes home internet access to become a luxury again. They already see the danger that they may become a dumb pipe that only provides backhaul access for wireless cells. (see their wireless deals and partnerships)
If another economic snap forces people to choose between their home internet and their smartphones, guess who wins and guess who hemorrhages subscribers like a POTS provider? And they'll have a hell of a time convincing people to pick those plans back up, years later, if/as things recover. Even though home phone service has become dirt cheap with VoIP offerings, that hasn't brought back customers. If people cut Comcast and start to go wireless-data only, it'll be terribly hard to reverse.
To say nothing of Comcast's investments and stock price, which would tank (along with most everything else) in the crisis that would follow an actual default.
- shawnee_ 15y agoGood points, but default is not the automatic consequence of failing to raise the debt ceiling. The issue is just creating more noise and static that distracts from the core issues that the GOP doesn't want people to notice: that the GOP wants to cut funding to the FCC, and without the FCC and more stringent net neutrality regulations, companies like Comcast can exercise whatever kind of monopolistic behaviors they want.