1, Regulating Big Tech

Frankly, this is not as complicated in principle as some make it sound. To the extent an industry is accorded special govt dispensations and protections, more rigorous govt regulations are warranted and applied as a matter of course. For example, banks.
2. Google/YouTube, Facebook/Instagram and Twitter are fundamentally mass communications platforms with special legal protections to enable free flow of information. As such, it's wholly appropriate to mandate by law that they strictly comply with users' First Amendment rights.
3. Truth be told "they're just private companies" is a reductionist and ignorant formulation on the part of those who seem to know little about the nature of govt oversight of private enterprises. Industry-specific regulations are ubiquitous and the norm, not the exception.
4. Of course the specifics of any regulation must be debated rigorously. No regulation is better than bad regulation, so we must ensure any new regulation is good. But to assert that any new regulation of these platforms is somehow an affront to some pristine ideal is ridiculous.
5. Lobbyists, paid agents and spokespeople of Big Tech, often perched in high-falutin think-tanks might try to convince us that any regulation imposed on Big Tech will break some sacred bond of govt non-interference in private enterprise, but that would be deceptive.
6. Consumer protection has always been government's job and government intervening on behalf of the consumers to protect consumers' rights and welfare is a highly appropriate and legitimate role of government regulation.

As a matter of fact, that is its only purpose.

The End

• • •

Missing some Tweet in this thread? You can try to force a refresh

Keep Current with Bansi

Bansi Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!


Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @bansisharma

13 Jul
1. Another Progressive Dark Money Outfit: North Fund
An obscure progressive nonprofit called the North Fund has scaled up operations during the last two years, allowing the group to quietly work in high-profile legislative fights in Washington and state capitals.
2. Do As I Say, Not As I Do
The North Fund's structure make it the latest progressive nonprofit to operate in ways that obscure key financial information from the public, even as it pushes for legislation to limit the role of so-called dark money in politics.
3. Founded in late 2018, the North Fund's budget shot up from $9.3 million in 2019 to nearly $50 million last year. It doled out nearly $18 million to other progressive groups — primarily other nonprofit advocacy groups, but with some going to outright political organizations.
Read 8 tweets
12 Jul
Read the below thread and cry. All this resulted in GOP losing the presidency and the Senate. Why? Because:
a) Dems and MSM always define the terms of the debate.
b) GOP cannot highlight their own successes for shit. They spent all their time futilely talking down mail-in voting.
Watch GOP now stand by and let the Democrats destroy the economy with higher tax rates, while the kooks in the GOP drag the party down the rabbit hole of futile audits seeking vindication for the bruised ego of a fallen idol who was outwitted by Democrats via mail-in voting.
How hard is this for GOP to understand? Always, always focus on what is good for the people of these United States of America, and explain again and again what makes good ideas good. Ideas never explain themselves.
Read 4 tweets
12 Jul
1. The (Not So) Invisible Hand of Tax Cuts

In 2017, Congress reduced the corporate tax rate to 21%, lowering the highest rate in the industrialized world and putting American businesses on a more level playing field with their global competitors.

Let's what ensued in 2018-2019.
2. In the next two years, after the tax cuts went into effect, the U.S. economy boomed, with increased capital investment, more jobs, and more income growth. Workers benefited tremendously, with record-breaking wage increases, lower unemployment rates, and falling poverty levels.
3. Let's review how the 2017 tax cuts benefited working people. In 2018-2019, real wages grew 4.9%, the fastest two-year growth rate in real wages in 20 years. Real median wages increased $4,400 in 2019, the largest one-year increase in U.S. history.
Read 11 tweets
10 Jul
The Woman Who Would Be King

That finger-tap on the head makes her argument so persuasive. Can't wait for her to become president. Thank you, Democrats!
Such Intensity of Earnestness Cannot Be Faked

There has to be a brain-eating bacteria or virus on the loose in the Biden White House.
What if the government issues a free photo id with 100 free photocopies upfront for anyone who wants them?
Read 5 tweets
10 Jul
When Even Washington Post Editorial Board Recognizes The Villainy of Teachers Unions

Teachers Unions are truly the enemy of the people.
House Democrats and the Biden Administration are trying to kill a school choice program in DC for poor kids. 92% of the beneficiaries of the program are African American or Hispanic kids.

Obama also tried to kill this program while sending his own daughters to a private school. Image
The modest program (annual federal cost $17.5 million), that Teachers Unions are gunning to kill off, does a lot of good for poor kids in DC. Image
Read 4 tweets
23 Jun
Fund The Police Quick; Biden Cries Uncle!

Biden admits, without explicitly saying it, that the Democratic lunacy about defunding the police has cost many lives and is now biting Democratic politicians in their behinds. 1/2 Image
Funding The Police Is Not Enough

WSJ: Of course what’s needed is not just funding, but also political leadership that opposes lawlessness and does not seek to use the actions of a particular officer as a pretext to attack cops in general and advance ideological agendas. 2/2
Axios: Democrats, in private and public, are warning that rising crime — and the old and new progressive calls to defund the police — represent the single biggest threat to Democrats' electoral chances in 2022.
Read 7 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!