In the midst of all the controversies and debates surrounding President Trump’s policies, there is one that has gone largely unnoticed but has had a significant impact on the economy. It is the promotion of unlicensed spectrum, which has fueled a whopping $2 trillion economic engine. Yes, you read that right – $2 trillion! This is undoubtedly one of the most pro-growth policies of Trump’s first term that you’ve probably never heard of.
So, what exactly is unlicensed spectrum and how does it contribute to the economy? Unlicensed spectrum refers to the wireless spectrum that is available for anyone to use without needing a license. It is like a public park where anyone can come and play without having to pay a fee. This unlicensed spectrum is used to provide Wi-Fi connectivity, which has become an integral part of our daily lives.
Under the Obama administration, the use of unlicensed spectrum was limited to certain frequencies and was heavily regulated. This restricted the growth of Wi-Fi and hindered its potential to contribute to the economy. However, President Trump recognized the importance of unlicensed spectrum and took steps to promote its usage. In 2018, the Federal Communications Commission (FCC) under the Trump administration opened up a large amount of unlicensed spectrum, making it available for Wi-Fi use.
This move has had a tremendous impact on the economy. It has allowed for the expansion of Wi-Fi networks, leading to faster and more reliable internet connections. This, in turn, has boosted productivity and innovation in various industries. For instance, the healthcare industry has seen a significant improvement in telemedicine services, which rely heavily on Wi-Fi connectivity. This has not only made healthcare more accessible but has also reduced costs for patients.
The education sector has also benefited greatly from the promotion of unlicensed spectrum. With more schools and universities using Wi-Fi for online learning, students now have access to a wider range of educational resources. This has also opened up opportunities for remote learning, making education more inclusive and accessible for students in rural areas.
The impact of unlicensed spectrum on the economy goes beyond just these two sectors. It has also played a crucial role in the growth of small businesses. With faster and more reliable Wi-Fi connections, small businesses can now compete with larger corporations on a level playing field. This has led to the creation of new jobs and has boosted the overall economy.
Moreover, the promotion of unlicensed spectrum has also attracted investment in the technology sector. Companies are now investing in developing new Wi-Fi technologies and improving existing ones, leading to further innovation and job creation. This has also helped the United States maintain its position as a global leader in technology.
It is estimated that the promotion of unlicensed spectrum has contributed $2 trillion to the economy and has created over 6 million jobs. This is a remarkable achievement and one that has gone largely unnoticed. President Trump’s pro-growth policies have paved the way for this success, and it is high time that it receives the recognition it deserves.
Unfortunately, the mainstream media has failed to give this policy the attention it deserves. Instead, they have chosen to focus on controversial issues, often ignoring the positive impact of Trump’s policies on the economy. This has led to a lack of awareness among the general public about the significant role of unlicensed spectrum in driving economic growth.
In conclusion, the promotion of unlicensed spectrum is undoubtedly one of the most pro-growth policies of Trump’s first term that has gone unnoticed. It has fueled a $2 trillion economic engine and has created millions of jobs. This policy has not only boosted the economy but has also improved the lives of Americans by providing faster and more reliable Wi-Fi connectivity. It is time for the media to give credit where it is due and for the public to recognize the positive impact of this policy. President Trump’s vision and actions have truly made America great again, and the promotion of unlicensed spectrum is a testament to that.