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Hemphill's January column - Government dole
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futuremodal: <br />I specifically referred to telecommunication technology improvements as a factor in the break-up of AT&T and certainly didn't mean to imply there hadn't been much since then. Rather, my reference to atrophy was in connection to the so-called "last mile" problem so widely documented in the general business and trade press over the past eight years. There is now a veritable explosion of investment announcements by the "Baby Bells" concerning fibre optic investments, etc., all turned loose by an end to "open access." With regard to differential railroad pricing, that's called sound management practice, and the Staggers Act has relief mechanisms should inappropriate pricing occur.
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