The Most Important Building Projects for the United States
Broadband stimulus: $10 billion investment=half a million jobs
BusinessWeek Economist Mike Mandel writes that a broadband investment in the econ stimulus package could create hundreds of thousands of tech jobs. This is important, because the efficiencies that technology bring often lead to losses in jobs--which is not what this economy needs right now.
Mandel writes:
This shortfall in communications jobs, however, need not be permanent. A new report from the Information Technology & Innovation Foundation, to be released on Jan. 7, suggests that government fiscal stimulus, directed toward improving the broadband infrastructure, can go a long way toward boosting communications-related jobs. According to the report from the ITIF, a nonpartisan think tank, "a stimulus package that spurs or supports $10 billion of investment in one year in broadband networks will support approximately 510,000 new U.S. jobs for a year."
Mandel writes:
This shortfall in communications jobs, however, need not be permanent. A new report from the Information Technology & Innovation Foundation, to be released on Jan. 7, suggests that government fiscal stimulus, directed toward improving the broadband infrastructure, can go a long way toward boosting communications-related jobs. According to the report from the ITIF, a nonpartisan think tank, "a stimulus package that spurs or supports $10 billion of investment in one year in broadband networks will support approximately 510,000 new U.S. jobs for a year."
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