This is an issue where Obama is right and Cruz is wrong, plain and simple. In fact, precisely because our telecom system is really just a profit-sucking oligopoly that thwarts competition and innovation, Americans already pay more money for worse performance. Jesus H. Christ, Moldova -- noted primarily for being the poorest, most repressive country on the European continent -- has better performance than the US, like a 50% higher download rate.
I resent this stuffy, squawky little prick, Cruz, with his shrill voice and strident tone, really more of a male Sarah Palin than anything, with his stupid square-peg-round-hole metaphors. How the fuck is net neutrality anything like "Obamacare," which, it should be noted, is more of a success than a failure so far, despite literally half of the entire Congress actively working to ensure its abject failure?
The thing to keep in mind is, if you look at the various worldwide markets for internet service, North America has one of the smallest markets in terms of population, and by far the highest amount of market penetration at 84.9 percent. Europe is next, at 68.3%, followed by the tiny Oceania/Australia market -- smaller than California! -- at barely two-thirds penetration. By way of comparison, the Asian market, estimated to be nearly 4 billion strong, has less than one-third penetration. Africa, whose market is nearly four times the size of North America's has just 21.3% penetration.
That means that just about everyone who wants internet access in the US has it already, while there are other far larger markets out there waiting to be exploited. But where Europe and Asia actually have a competitive environment and government involvement in ensuring affordable, high-quality services, the monopolistic conditions here guarantee the opposite outcome.
Internet access is no longer a luxury, you need it to search and apply for employment, to access news and information, any number of things. Squashing Net Neutrality cements the monopolistic practices already in place, makes a bad situation worse, and more usurious (with, again, even shittier service) for the people who can least afford it.
From radio to television to HDTV to the Internet, the telecom industry has been one of the greediest, sleaziest rackets on the face of this planet. The airwaves, according to the FCC Charter, belong to the people. At least in theory. This notion has yet to actually be put into practice.