Re:The Decline of Investment in San Francisco Startups
by closeparen on Sunday July 23, 2017 @03:47PM
(#14834016)
Each of the places that elites think we should abandon was created, in its time, by people uprooting their families to move to it. Most had zero or minimal population until a few generations ago.
It's unclear why migration should stop now. Why is this the status quo that should be locked in, rather than the status quo of 50 years ago or 50 years from now?
The disturbing trend is that migration has slowed to historical lows. Among Americans, being unwilling to move for opportunity is the new development. Of all the settlement patterns that could be locked in for eternity, today's is a poor choice.
It's unclear why migration should stop now. Why is this the status quo that should be locked in, rather than the status quo of 50 years ago or 50 years from now?
The disturbing trend is that migration has slowed to historical lows. Among Americans, being unwilling to move for opportunity is the new development. Of all the settlement patterns that could be locked in for eternity, today's is a poor choice.