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Strategies & Market Trends : The New Economy and its Winners

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To: 16yearcycle who wrote (1977)	10/9/2000 4:30:43 AM
From: Dale Baker	Read Replies (1) of 57684

It would be really neat to have accurate figures on who in hell was getting wealthy besides the folks here on SI. Go to Dallas and drive from downtown out to the most distant ring of developed suburbs. Look first at all the major high tech companies lining Central Expressway. Then take a few exits and watch the incessant development of new strip malls and housing developments for the literally thousands of tech people that the new "communications corridor" is drawing in. In a mobile economy, the folks you saw will either move where the jobs are (as people have to Texas since I grew up there in the 60's and 70's), the jobs will come to them as manufacturers need labor pools and the "hot" areas are fully employed, or they will be left behind. Economic booms will always be uneven. Some people get $80,000 engineering jobs and others find a dozen new jobs at the local McDonalds. But there are lots of people doing well. The biggest wealth boom has not been in stocks, but in real estate. FWIW.

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