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How Does a Poor Economy Affect Tech Innovation?
sshuber writes "It's no secret that the US and other parts of the world are currently having some economic problems. How is this affecting new technologies under development? With the large numbers of layoffs, are we seeing projects, such as things under R&D, that are being axed? Are companies playing it safe and sticking with what they know sells in lieu of pushing the envelope? Finally, how is this affecting the open source community, either positively or negatively?" A lot of open source work happens with the backing or at least the sufferance of corporations. Do laid-off tech workers contribute fewer cycles to open source projects, or more?
We have a NON-WHITE problem, not a problem with the economy. Of COURSE tech takes a dive when your country is invaded by millions of thick as shit, obnoxious, selfish third world parasites.
Anybody care to explain why this is not the problem?
Sorry, but the US is not currently a poor economy. It hasn't been since *at least* the Great Depression. Sure, the unemployment rate is higher than it was a few years ago and the economy is not growing at the rate that it did in the 90's.
BUT THE US DOES NOT HAVE A POOR ECONOMY!!!
If you want to take a look at some poor economies, look at most of Africa. Look at most of the countries in Latin & South America. Look at basically any country that the Peace Corps is sending volunteers to. Those are poor economies .
What the US is experiencing right now is a corrective swing which is a result of natural economic cycles, and is being exacerbated by actions taken years ago, like ultra-low interest rates and tax cuts, which acted like an extra dosage of caffeine or adrenaline. Inevitable result: whatever receives this shot is going to grow tired and crash. Instead of it being you while studying for finals, it's the US economy. But, nonetheless, the US economy is NOT POOR , and nor will it be until its unemployment rate is into the double digits, banks foreclose on a massive scale, &c.
Jeez - way to miss the point. Use gold units if that helps you understand.
Let me see. Are you another who got screwed by Ronald Wilson Reagan upon graduating high school during his presidency when he made REAL cuts in student aid? Eyes too blue? Hair too blond? Skin too fair? Speech too clear? GPA of less than 3.8? Asians grabbed all the scholarships and the Hispanics and Negroes grabbed all the job training?
Face it. This board is run by Asians and the occasional retrovirus-positive mouth-gasket-goateed race traitor. They say that we colonialist zero-ambition hygiene-and-sanitation-imposing Aryans belong in the US military to protect the tree while they have the Fourteenth Amendment right to pick the fruit thereof.
America bluescreened on us white boys. oh please, not over insecure circuits.
AMERICA.SYS corrup[censored by DHS]
Submission as evidence constitutes plaintiff and/or prosecutorial misconduct.
In short, the collapse of the housing market destroyed trillions of dollars. Nobody knows how much was destroyed, exactly. And nobody is entirely sure what the long-term effect is going to be, but the short-term effect has been that people are becoming afraid to lend money, and if you can't borrow money, then our economic system doesn't work so well.