Economic Stimulus in the Digital Era

December 23, 2008

With the scope of the recession looming larger with the release of each new gloomy statistic, talk of the New Deal-style package (and it’s potential scope) grows with it. But today in the digital age there’s a significant new component to stimulating the economy (including state investment in infrastructure that recalls the historic images of WPA). Today in the information economy it also means investment in digital infrastructure.

Although the U.S. invented the Internet and much of the soft and hardware that made it possible and led to its exponential growth it is now 15th in the world in access to high-speed Internet connections. In a recent speech President-elect Obama talked about his goal of getting every child connected to the Internet and promised to use a portion of the stimulus money to connect libraries and schools.

Read More

0 comments Login or register to post comments Permalink