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Our Points
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Monday, January 26. 2009
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Understanding Tech's Place in Stimulus
The New York Times has a very readable article about where tech may or many not fit into the goals of the stimulus package. It focuses on the three areas selected for investment: " $20 billion to computerize medical records, $11 billion to create smarter electrical grids and $6 billion to expand high-speed Internet access in rural and underserved communities."
The comment that struck me, as the geospatial community now has three publicly available proposals to ponder about how its technology might fit into the stimulus package:
All three fields, said Robert E. Hall, an economist at Stanford, involve "a bunch of specialists, where if we raised spending quickly, the limited number of competent suppliers would be in short supply and get increased incomes," benefiting some companies more than the economy as a whole.
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