PG&E gets to effectively tax Californians an amount of money determined, roughly, as whatever they can spend times 1.1. Guess who massively overpays and who ends up kicking an enormous amount of money toward PG&E for essentially no value.
The US allows medical providers to collect money on a basis that has essentially nothing to do with value delivered. Services end up very very expensive.
The US kicks approximately fixed amounts of money toward broadband providers. Guess who has no incentive whatsoever to maximize the value delivered for that price?
(Comcast recently quoted me approximately $27/foot to extend aerial fiber along an existing Comcast attachment, on a route with no complications whatsoever, so they can provide me (expensive) improved service. If they’re charging rates like this, then it doesn’t matter where the Federal assistance comes from: one way or another, everyone is massively overpaying.)
If the FCC wants to improve broadband cost-effectively, they should either attach conditions forcing their money to be well-spent or rework their process to enforce the existence of a genuinely competitive market. Then fiber could be installed at something approximating reasonable prices, and service could be delivered over that fiber at reasonable rates.)