Why is it insanity? You are implying that the companies are adding no value to the discussion by chiming on the topic. Shouldn't the entities most impacted by the change be listened to when it comes to decide on policy?
You can certainly make a case that you need to adjust for their self-interest, but ignoring them completely is even more questionable than taking their statements at face value.
> Certainly information from these businesses on how they believe different legislation will effect them is useful to voters, their representatives and their appointees in performing a legislative calculus.
> But what certain companies 'advocate' for? This is hardly useful information for the design of legislation...
We agree. I'm not saying ignore everything they possibly say. What I am saying is ignore what they merely advocate for and pay attention to why they advocate for it and what information they can give relevant to the design of a healthy and flourishing industry.
When political discussion devolves into a series of corporate for-against it looks more like a sport and cheerleaders than a democracy. Legislation can not be about deciding who wins in the market but about designing markets that eliminate rent seeking, moral hazard, and externalization of costs while promoting fair competition between businesses of all sizes. You can't know how to design such legislature without understanding the conditions of an industry and how changes will effect current players. But you also can not design markets within the confines of regulatory capture or by merely noting which current players will stand to benefit or lose from a given legislative delta.
The word insanity here is meant to convey a lack of grounding in the reality of the situation: advocation doesn't signal whether legislation will make a market healthier or serve customers/citizens/nations. We know what Sprint wants - more money. What we need to know from Sprint is not whether given legislation will or will not lead to their getting more or less money but details that clarify how proposed legislation will or will not "eliminate rent seeking, moral hazard, and externalization of costs while promoting fair competition between businesses of all sizes."
You can certainly make a case that you need to adjust for their self-interest, but ignoring them completely is even more questionable than taking their statements at face value.