Now go and sum up the gross profits of AT&T, Verizon and Comcast and let us know what they are doing with it.
[1] I know why Sanders does it, because he is catering to people who are outraged at the thought of “billions in profit” even if that only represents a single-digit percent of revenue. Indeed, if you go read Sanders’ proposal, he makes a point of stating how AT&T’s CEO made $33 million, as if that isn’t a drop in the bucket for a company that spends $140 billion a year on opex.
Profit margins (or numbers used to get Gov funding) are just a big, fat lie.
We do need healthier Internet, but do you really expect bad math or morbidly obese institutions to be the answer?