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Inequality in Silicon Valley Salon tomorrow!

From: Meghan
Sent on: Monday, December 3, 2012 5:23 PM

For this salon we will base our discussion in a very interesting report called "life in the valley economy- saving the middle class: lessons from silicon valley 2012" which highlights the inequality as highlighted by occupy.

We will focus on the Summary and Intro, the report is online for download at

See you there!

Some key findings

- from 2000 to 2012 real median household income fell by 19.5%
- latino and african american household fared even worse - each experienced a drop of 29%
- the portion of silicon valley households in the secure middle class dropped from 62 to 55%while the number of households making less than$10,000 more than doubled
- by[masked] out of 3 households in santa clara county had an income too low to meet the basic standard of self sufficiency

- inequality is now reaching levels that threaten silicon valley's famed engine of growth. the region has not added a single new net job in 16 years  (not to mention it is wrong and unfair)

recently san jose passed a new minimum wage


For more details, see the full listing:

When: Tuesday, December 4,[masked]:30 PM

Where: Red Rock
201 Castro St
Mountain View, CA 94041

This Meetup repeats every week on Tuesday.

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