said by pnh102:said by bmn:The US GDP might be high right now, but beware... America's ability to outproduce may very well suffer in the future if the country's last mile networks stay at their current subpar level.
The main reason that I don't agree with this assessment is that there are many areas like inner cities, certain poor rural areas and the like which do have high speed Internet access but are still in the same wretched economic state that they were in prior to getting broadband.
Broadband is being sold as some sort of panacea for every little problem out there when it really isn't.
You are correct in that it is not a panacea. There is no "silver bullet" that will magically lift an area from abject poverty to Trumpian wealth overnight.
Having said that, broadband, I think, is fast becoming a precondition (along with transportation, good education, good government), that enables an area to begin to make the transition. A prerequisite, but as you note, not a guarantee of success.
