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July 18, 2011 11:05 pm

A Tale of Two Countries

theodp writes "Over at TechCrunch, Jon Bischke is troubled by the growing divide between Silicon Valley and unemployed America. While people who spend most of their days within a few blocks of tech start-up epicenters are enjoying a boom/bubble, the number of unemployed now eclipses 14 million nationwide, labor under-utilization is 16.2%, and the mean duration of unemployment has spiked to 40 weeks. 'Which bring us to an important question,' writes Bischke. 'Should Silicon Valley (and other tech clusters throughout the country) care? After all, as long as people in Nebraska or the Central Valley of California have enough money to buy virtual tractors to tend their crops in Farmville, should the tech community be worried about whether those same people are getting paid to do work in the real world? Is what's best for Silicon Valley also good for America?'"

Read more of this story at Slashdot.



Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/5dSaOoLlLSg/A-Tale-of-Two-Countries

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