Broadband for Economic Development

This Dispatch highlights the trends in the initial grants when it comes to mapping, deployment and adoption broadband, outline broadband policies that states have been pursuing (using federal and state funding), and why these broadband investments are so critical to the long-term economy of our states.

As this Dispatch will highlight, the first step is to fund jobs that support long-term economic competitiveness, notably by investing in people and physical infrastructure.  While the economic climate for profit-making business opportunities is more limited, investments in education, health care, transit and energy efficiency can create immediate jobs while strengthening building blocks for long-term growth.

The FCC has been holding a series of workshops in an effort to collect information that will be useful in the creation of a National BroadbandPlan.  On September 1st, state and local telecommunications officialsparticipated in a workshop entitled State and Local Governments:  Toolkits and Best Practices,at which the FCC aimed to learn from the experiences of state and localgovernments that have proactively addressed broadband deployment andadoption issues in their communities.

This Dispatch will outline how funds allocated in the ARRA aim to support broadband initiatives and how states can leverage broadband to create efficiencies, increase opportunities and begin to bridge a major resource divide in our country by implementing progressive broadband initiatives.

According to The Wall Street Journal, "Fed and Treasury officials have identified the disease. It's called de-leveraging, or the unwinding of debt. During the credit boom, financial institutions and American households took on too much debt."  But let's not buy into a false equivalence of "financial institutions" and those "American households" borrowing beyond their means.