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Comment Re:Dumbing down (Score 1) 109

PBS is primarily (85%) privately funded. It will continue to produce shows like Masterpiece, Nova, Frontline, and Sesame Street and people in places like Boston or Philadelphia will continue to benefit from them.

What public funding does is give viewers in poorer, more rural areas access to the same information that wealthy cities enjoy. It pays for access for people who don't have it.

By opting out, Arkansas public broadcasting saves 2.5 million dollars in dues, sure. But it loses access to about $300 million dollars in privately funded programming annually.

Comment Re:/me gets butter and salt (Score 4, Informative) 49

In a civilized world, the US and China would have a mutual extradition treaty so criminals could face justice.

Unfortunately for the CCP, rejecting human rights is one of their top four most fundamental principles. We can't have an extradition treaty with a country that doesn't even pretend to care about its people.

Comment Re:What is "oversupply"? (Score 1) 158

What exactly does it mean to "oversupply" something? The only way I can interpret that is they make so many cars and batteries that inventory hangs out in warehouses, unable to be sold at any price. How exactly is that bad for consumers?

That is the argument Milton Friedman made.

"But, but, but, monopolies!" I hear people sputter. Yes, companies trying to compete with them now may fail.

Sounds like you know what the problem is. Think of it like the DeBeers diamond cartel on steroids.

When the subsidies stop, I'm confident new companies will pop up to fill the void.

Then the subsidies will start again until those new companies disappear.

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