We've all heard the story: America's broadband networks are second rate. We pay exorbitant prices for shoddy service because broadband providers print money and hold innovation in a death grip. While America languishes, our competitors in Europe and Asia are racing ahead to a user-generated content utopia. The only way forward is a government takeover, or failing that, a massive dose of regulation.
The only problem with this story is that it's almost completely untrue.