National economic growth

/Tag: National economic growth

Why Silicon Valley Income Inequality Is Just a Preview of What’s to Come for the Rest of the U.S.

Silicon Valley companies continue to pump out disruptive technology that's fueling regional and national economic growth. But according to a new report, they're also producing income inequality. A team of researchers at the Everett Program at UC Santa Cruz studied federal and regional income statistics and found that in Silicon Valley, wages are sliding backwards rather than following the rise