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summit for mayors and county commissioners from around the nation focused on expanding local government-owned broadband networks, which are perceived to be a panacea for providing United States consumers with competition and better, faster, cheaper broadband. The poster children for these claims are municipal and other locally owned networks in Cedar Falls, Iowa; Chattanooga, Tennessee; Kansas City, Missouri and Lafayette, Louisiana, where residential consumers have access to speeds up to 1Gbps. The president has claimed such investments will give communities “a huge competitive advantage. It means a business can come in and locate there knowing that they can hook into world markets, products, services, anywhere around the globe." The president’s pronouncements have also been linked to FCC Chairman Tom Wheeler’s indication last year that he believes “it is in the best interests of consumers and competition that the FCC exercises its power to preempt state laws that ban or restrict competition from community broadband." These claims are made despite the fact, for example, that only a handful of Chattanooga businesses actually subscribe to 1Gbps connections, with conservative estimates suggesting that the often-touted new jobs created in the process have cost over $112,000 each.