Broadband Infrastructure Investment Would Have Ten Fold Payoff - $100 billion investment would net trillion dollar economic growth, says analyst$100 billion investment would net trillion dollar economic growth, says analyst 09:52AM Tuesday Jun 03 2008 by Karl Bode tags: coverage · business · bandwidth · stats Michael Curri, founder of Strategic Networks Group, claims that every dollar spent on broadband infrastructure results in a tenfold multiplier impact on GDP. In other words, pouring $100 billion into deploying a national fiber network would result in a trillion dollars of economic growth -- particularly in rural areas where businesses leave should they not have necessary connectivity. I imagine his claims could be inflated somewhat to sell his consultant wares, and obviously dumping money into a rural fiber ring is not an economic panacea. Still, here I was, thinking that actually investing in your infrastructure was akin to satanism and puppy torture. Hey Bear Stearns, can we have that $30 billion back?
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FCC Suit 1:
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