Samuel Palmisano: Let's Spend on Broadband and the Power Grid | WSJ
Smarter infrastructure is by far our best path to creating new jobs and stimulating growth. We at IBM were asked to map this out by President-elect Barack Obama's transition team, and our research shows that a $30 billion stimulus investment in just three areas -- smart grids, health-care IT and broadband -- could yield almost one million new jobs within one year. That's possible because these kinds of infrastructure have significantly greater economic and societal multiplier effects than traditional infrastructure like bridges and highways. ...
[T]oday, the United States, the country that developed the Internet, ranks 12th in broadband penetration and 15th in average broadband speed. This is unacceptable if we want our nation to compete in the 21st century.