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If the economy you live in is software development (and/or, the SF Bay Area), you've seen quite a bit of trickle-down since 2009.
by smitherfield 11y ago
If the economy you live in is software development (and/or, the SF Bay Area), you've seen quite a bit of trickle-down since 2009.
- ricksplat 11y agoI've been getting a good bit of trickle-down since the late 90s at least .. but that's not the point. When you talk about trickle-down, you're talking about the economy as a whole not just a specialised sector with a scarcity of skills ... if anything the value we create "trickles up" because half the time it's hard to see benefit to the man on the street. Effective economic policy is not just about me having loads of money. It's about not seeing your friends and family having to struggle; your friends having to emigrate; cuts to services for the sick & elderly, and a spiralling cycle of fucking the poor.
- sgt101 11y agoI thought that software development created wealth - how does it relate to trickle down?
- toomuchtodo 11y agoSoftware development doesn't create wealth; it simply extracts value removed from other parts of the economic system (labor->automation).
- deleted 11y ago[deleted]