Monday, February 9, 2009

Technology and Obama's Stimulus Plan

As a part of President Obama's $800 billion legislation to stimulate the economy, $7 billion of that money will be going towards improvements with high speed internet access. This additional aid to broadband assistance came from lobbying by the Communication Workers of America, the country's largest media and communications union. Advisers to President Obama also include representatives from companies such as IBM, Google, and General Motors. This increase in funding is projected to created an additional 2.5 million jobs in the broadband access field alone. President Obama was quoted in a National Business Review article by saying that it is unacceptable that our country ranks 15th in the world in broadband adoption.

A link to the NYT article can be found here

The National Business Review article can be found here

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