First off, we must learn from our mistakes the last 8 years under the Bush Administration where deregulations allowed for the duo-opolization of the broadband Internet access market. As we abandoned regulatory commitments that benefited consumers and led to increased competition and innovation other countries kept their commitments and we fell behind other nations in broadband Internet penetration (will go into this below). First though it is worth noting we have always had Net Neutrality but the Bush FCC removed it and now the fight to bring it back is going on against ISPs and wireless carriers wanting it done away with permanently.
Before former President Bush entered office we had 30 + years (under both Republican and Democratic U.S. Presidents) of pro competition, pro innovation rules to keep the Internet open. AT&T (Ma Bell) was forced to be broken up for a reason to create competition in the broadband Internet access market (should never have been allowed to re-merge) and policies mandating that competition remain to prevent mega mergers like we've seen since former President Bush came to office in 2001 were in effect. When Bush entered office the U.S. was 4th worldwide in terms of broadband Internet penetration -- thanks to deregulation, mega-mergers etc we have less competition, consumer choices and innovation now -- also the U.S. has slipped way behind other countries that maintained their commitments to pro competition regulations in adopting broadband Internet and have a digital divide in this country where usually urban rich areas have Internet and poor rural areas lack Internet access. Even when people in rural areas want Internet they'll often find there is no provider in their area for high speed Internet or they provide sub par service and there are no other choices for better service.
We have had Net Neutrality also before but it was gutted unfortunately and mistakenly by the Bush FCC in 2005. I welcome Net Neutrality's return and the extension of these rules for the first time to wireless carriers.
If we close the digital divide we can create millions of new clean high tech jobs for the future that will help the economy especially now given the high unemployment we have. Net Neutrality is necessary for a democratic open Internet. Everyone even people using mobile devices should have access to the same open Internet that connects everyone together and lets anyone participate online freely with no corporate gatekeeper