All is Not Well in Silicon Valley
Friday, August 29th, 2008
It is certainly a depressing endeavor to read the business section of the newspaper these days. With the economy in truly serious trouble and so many other problems globally, it’s hard to imagine how we’ll ever get out of the hole we’re in. Sitting in the heart of Silicon Valley, one might think that we can take solace in the fact that the United States will have a competitive advantage in the high-tech sector for at least a few years to come. Technology has, after all, brought our economy to incredible highs in the past. Yet if my lunchtime conversations of late are any indication, we shouldn’t be counting on the Valley to get us out of the slump anytime soon.
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