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Study: Many Silicon Valley families struggling

Original post made on Aug 26, 2008

Households in Santa Clara County have improved little -- facing stagnant incomes and the threat of foreclosure -- despite business growth in the county, according to a new study on income and poverty statistics.

Read the full story here Web Link posted Tuesday, August 26, 2008, 7:46 AM

Comments (2)

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Posted by And the Point is?
a resident of Menlo Park
on Aug 26, 2008 at 8:26 am

This is another attempt to use stats to pitch an agenda. Why is there an expectation that employment levels should ever reach the dot com bubble days? It is similar to the housing bubble where the percentage of home ownership was 7% over the norm and now it is correcting...

This group's goal is, "public policy responses to the negative impacts of Silicon Valley's new economy on working families." Please more legislation!!!!

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Posted by Always Skeptical
a resident of Another Palo Alto neighborhood
on Aug 26, 2008 at 10:23 am

It would pay to Google the source of this document .. you'll find that it was produced by a very one-sided source of information.

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