Broadband Showcases the Promise of Economic Growth
The state of the American economy is unquestionably a cause of distress for all of us alike. With high unemployment rates nearing 10 percent, action toward fostering economic growth through business innovation and private investment should be a priority of government officials. More growth and innovation translate into greater economic opportunities for all Americans. "Broadband is an industry showcasing the promise of economic growth from every angle –private investment, job creation, technology innovation –you name it," FCC Commissioner, Henry M. Rivera, stated in The Hill’s Congress Blog.
Minority communities are particularly hard hit by the economic recession, a situation worsened by the nation’s digital divide. Since Americans increasingly rely on the Internet for work and education, minority groups who lack broadband access face significant disadvantages. According to Rivera, "Broadband is certainly an industry that America can leverage to create high-paying jobs, stimulate the economy, and close the digital divide."
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