Dr. Wayne Brough, FreedomWorks’ Vice President of Research and Chief Economist, appeared on CNBC’s On the Money yesterday, November 29th, 2005. Debating the need for telecom reform, Dr. Brough advocated for opening the industry up to competition, and the advantages this lends to consumers. With the boon of services now becoming available, cable television companies have a monopoly in providing these services. With antiquated local franchising laws acting as barriers to entry to other companies offering the same service these laws are impeding lower prices and better service and make evident the importance to open up the market.
Success has occurred in Texas where they have just recently passed legislation to open up the market and have seen their cable bills fall immediately. FreedomWorks supports John Ensign’s Bill for reform. To read and learn more about telecom and the need for competition visit the FreedomWorks’ project Choose Your Cable website. Nice work Dr. Brough.