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The Digital Road to Recovery: A Stimulus Plan to Create Jobs, Boost Productivity and Revitalize America

Spurring investment in our nation’s infrastructure is an effective
strategy for getting Americans back to work during an economic
downturn, particularly one that is expected to be longer than normal
in duration. Although projects to improve the country’s traditional
physical infrastructure (e.g., roads, bridges, sewer systems) are necessary
and important, investments in certain parts of our national information
technology (IT) infrastructure—America’s digital infrastructure—will
have a greater positive impact on jobs, productivity, and innovation. And
economic stimulus measures that go to consumption, as opposed to investment,
will have a less beneficial impact on productivity and innovation
than infrastructure investments.
In this report, the Information Technology
and Innovation Foundation (ITIF) identifies
and analyzes the employment impact of
investments in three IT infrastructure projects
that (1) contribute to significant immediate
direct and indirect job growth in
our economy; (2) create a “network effect”
throughout the economy that, in some cases,
doubles the number of directly created
jobs; and (3) provide a foundation for longer
term benefits, including government
cost savings, economy-wide productivity,
and improved quality of life for Americans.

by Robert D. Atkinson, da niel castro and Stephen J. Ezell

Full Report: http://www.itif.org/files/roadtorecovery.pdf

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