Debate may focus on whether U.S. tech investments can drive long-term productivity
In pledging to "renew our information superhighway," President-elect Barack Obama has offered a broad outline of an economic stimulus plan likely to lead to major increases in IT spending -- especially for broadband deployment and technology for schools and health care.Obama is mixing proposals that could offer a combination of gains, such as short-term spending on equipment and longer-term investments aimed at lasting productivity gains for the economy. The spending plan, outlined in barebones detail in Obama's weekly video address on Saturday, would mean new computers for schools, expanded broadband access -- particularly in rural areas -- and funding on technologies to reduce medical costs. That could mean increased spending on networking technologies to support services such as telemedicine.
Obama hasn't yet put a price tag on his plan, but since his overall stimulus package is expected to be in the hundreds of billions of dollars, money for any Internet-related initiatives could be large. But in spending big sums on technology, the Obama administration will have to show that these tech investments will deliver. Linking the bottom line to IT investments is not an easy case to make. read more
1 Response to Obama stimulus plan aims to boost digital economy
I think Obama's internet access plan is brilliant. Younger people are becoming more tech savvy and corporate America can't seem to step away from their emails or the Web. Even companies like Portland-based Clear are making it easier for users to stay connected without having to search for a hot spot. (www.clear.com/?utm_source=bc) The company is taking their services nationwide and I can't wait for the change!
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