SoylentNews

Phoenix666 [soylentnews.org] writes:

When Chattanooga Mayor Andy Berke describes his city's economic renewal, he points to the city’s fiber network as a significant source of its new vibrancy [tennessean.com].

In the past three years, the city’s unemployment rate has dropped to 4.1 percent from 7.8 percent and the wage rate has also been climbing. Volkswagen’s presence has boosted the manufacturing sector and 10-gigabit speed internet has fueled wage growth, Berke said, speaking at Fiber to the Home Council Americas conference at Gaylord Opryland Resort & Convention Center on Tuesday.

Stats from politicians can be taken with a Saturn-sized grain of salt. Are there real reasons to believe that connectivity = economic growth?

Original Submission