Our subway and water systems are “public utilities” supporting “good paying union jobs.” How many of them would rank in the top 10-15 in the world? (Note that no country in the top 10 treats broadband like a publicly owned utility.) Moreover, the median age of municipal election voters is 57. What trade offs are they going to want to make in balancing rates versus maintenance and upgrades? (There is a reason that our water infrastructure, for example, is facing a one trillion investment shortfall.)
Sanders proposes to spend $150 billion on broadband. Over what time frame? If it’s the typical 10-year time frame candidates have been using for budget proposals, that’s just about 1/5 of what the private sector is investing in broadband annually.
Public broadband is going to be an $80 billion a year commitment just for capital expenditures. If you demand those be tied to “good paying union jobs” be ready to make it $120 billion or more. Add in operational expenditures, be ready to triple that.
Telecom is a huge sector. Even if you subtract the profits, you’re talking several hundred billion of dollars annually. That’s half the size of the military budget.