What a crock!
First, the idea of the stimulus package is to create jobs and not completely fund them. The theory is that the stimulus would incent customers to purchase upgrades to their IT infrastructure.
As it has been pointed out, if there is an uptick in IT infrastructure spending, IBM will use offshore/onshore resources along with equipment which is probably manufactured overseas.
With respect to the AC post about electronic health records, its bollox. (Sorry if I misspelled bollox, I'm a yank!) In the US, medical costs are high due to many factors, not just nursing. You have more expensive equipment and drugs that are being used to treat patients. Also doctors are *using* the more expensive diagnostic equipment more. At the same time, until there is tort reform, doctors are paying for the high cost of malpractice insurance and for the mostly frivolous lawsuits. If electronic patient records were the issue, hospitals and medical practices would have jumped on the band wagon long ago.
Sorry, but while the proposed stimulus plan is necessary, the monies should be spent on infrastructure in the US along with subsidies to lower income families to have access to said IT infrastructure. In addition more money should be spent on material sciences research in the US.
But hey! What do I know? I'm just a regular guy... ;-)