US broadband stimulus: Is this the best Obama’s team can do?

The US will soon start dolling out funds to stimulate broadband rollout in largely underserved areas across rural America. Sounds great, but how far does $7.2 billion really get you? Kirk Laughlin reports.

When an FCC chairman says that a new government initiative is “probably the most important undertaking in the commission’s history,” you start to ponder something really, really big -- maybe a national fiber-to-every-business program or incentives to support high-performance extraterrestrial networks that would light up the continental United States...