You Better Get Blogging! The Internet Is A Primary Beneficiary of The Stimulus Package.

by Traverse Legal, reviewed by Enrico Schaefer - March 4, 2009 - 'The Greatest' Philosophy

As part of President Obama’s economic stimulus package worth $787 billion, 7.2 billion dollars will be provided toward the costs associated with bringing high-speed internet access to rural areas across the United States.  In a recent post on the straightupsearch.com titled “7.2 Billion Reasons the Internet is the Future of Business”, the author of the post explains why high-speed Internet connections can be beneficial to the economy.  Here are a few snippets:

…It means the space we work in is only growing stronger… the increasing use of online technologies that require high-speeds (videos!), having a faster connection is more important than ever.

…companies will grow and new ones will form.

…By making it easier for more and more people to use the Internet at efficient speeds, business on the Internet will become even more substantial. More companies will join the e-commerce ranks and be able to extend their business past local customers.

… the bill also calls for such things as computers and training to help people better understand how to use the Internet.

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Author


Enrico Schaefer

As a founding partner of Traverse Legal, PLC, he has more than thirty years of experience as an attorney for both established companies and emerging start-ups. His extensive experience includes navigating technology law matters and complex litigation throughout the United States.

Years of experience: 35+ years
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This page has been written, edited, and reviewed by a team of legal writers following our comprehensive editorial guidelines. This page was approved by attorney Enrico Schaefer, who has more than 20 years of legal experience as a practicing Business, IP, and Technology Law litigation attorney.