Laying the Foundation for a High-tech, Pro-Growth Economy

[Commentary] Against the backdrop of stagnant unemployment and a market still struggling to recover from the worst economic downturn since the Great Depression, it's hard to credit any one industry with delivering the momentum necessary to bring about sustained growth. However, as evidenced by recent earnings reports out of AMD, Apple, eBay, Google, IBM, and Intel -- and the ripple effect each has had across markets in the U.S., Europe and Asia -- it goes without saying that the high-tech sector is playing a lead role in laying the foundation for a new pro-growth economy. Stated simply, if ICT solutions and services make enterprises more efficient, those enterprises become more successful. As those enterprises grow, they employ more people and engage in more transactions with customers, suppliers and vendors, who in turn continue the ripple effect seeded by the technologies that help run them.