Why the Occupy Movement Skipped Silicon Valley 328
An anonymous reader writes "Eric Schmidt says what we all suspected: Silicon Valley has largely been immune to the Great Recession. He said, 'Occupy Wall Street isn’t really something that comes up in daily discussion, because their issues are not our daily reality. We live in a bubble, and I don’t mean a tech bubble or a valuation bubble. I mean a bubble as in our own little world.... Companies can’t hire people fast enough. Young people can work hard and make a fortune. Homes hold their value.'"
Re:Valued by Results (Score:5, Informative)
This is a quote out of
http://www.commondreams.org/view/2011/11/25-7 [commondreams.org]
Re:Simple answer... (Score:4, Informative)
The same applies for the Seattle, WA metroplex: Amazon.com, Boeing, Microsoft and Starbucks are doing quite well financially, and as such the unemployment rate in the Seattle area is not that bad.
Indeed, I see the following areas booming over the next decade:
San Francisco Bay Area
Seattle, WA metroplex
Minneapolis-St. Paul metroplex
Dallas-Fort Worth metroplex
Austin, TX
The "Research Triangle" of Raleigh, Durham and Chapel Hill, NC
These areas are on the cutting edge of technology, biotechnology and increasingly "green" technology research.
Comment removed (Score:4, Informative)