Nation Can't Afford Short-Sighted ARRA Spending (Opinion) - 0 views
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Contrast that with the potential double-whammy from the nearly $8 billion dedicated for building broadband. First, laying fiber is a construction project in itself, so that means jobs right away. But more importantly, it holds the promise of a long-term economic payoff by attracting companies to out-of-the-way towns; it's also a driver for the creation of small businesses.
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Preach patience. The first funding window for broadband projects started in April, and there will be more opportunities for money through mid-2010. The same lag time holds true for high-speed rail, electronic health records and green technology. These projects might not be built out until 2015. Most of the public doesn't realize this. Someone must tell them.