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Economy

By Bryan Ruby , 15 March, 2007

IT contributions to the economy

A recent eWeek article reported that a United States "policy think tank" found that in the past decade, information technology boosted the U.S. economy by $2 trillion dollars.

"For the United States alone, what we found was that because of the digital revolution, GDP is $2 trillion larger today than it would have been had growth in the post-1995 era proceeded at the 1974 to 1995 rate," said Robert D. Atkinson, Ph.D., president of the Information Technology & Innovation Foundation.

 "We need to recognize this phenomenon and adjust our thinking to make IT a centerpiece of our economic policy--from planning and forecasting to tax policies that incent future growth."

Economy

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