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This is just a bad article. The causal linkages provided by the piece are laughable and infantile. "First, there is unsettling realization that the middle is l
by tenpoundhammer 13y ago
This is just a bad article. The causal linkages provided by the piece are laughable and infantile.
"First, there is unsettling realization that the middle is losing economic ground while Silicon Valley execs babble on about “changing the world” for the better. Income inequality is growing ever worse, and it is increasingly clear that one of the forces fueling this trend is the technological innovation flowing out of the Bay Area. "
One of the forces fueling inequality are the some of the best employers in the world? New companies creating jobs, and paying living wages?
I could go after many more examples but I have other things to do.
- NTDF9 13y agoIt is not about living wages. The anguish is that a smaller share of the boom-profit reaches the bottom. While a select few people become multi-millionaires, the rest cannot be expected to be happy about the effect of such wealth on everyone else. Even regular programmers are not becoming "rich" per se. Yes, we have high-paying jobs but we are essentially making someone else beyond-your-wildest-dreams rich. PS: I agree this is a bad article though.
- Apocryphon 13y agoHigh-paying jobs don't mean much when rent and cost of living are incredibly high, anyway.