Earlier quoted context omitted.
> There's absolutely no talent shortage in the Bay Area, provided you can pay But this is precisely what defines an economic shortage. There's no shortage of anything , if the price offered is right. I wonder if the discrepancy between supply and demand for labour in the Valley has to do with the fact that, unlike most other industries[1], so many companies aren't making money, and hence can't pay, but still demand m…
Right, so there's no shortage. I get that there's plenty of demand for highly skilled engineers that want to work for $80k and a tiny handful of lottery tickets. It doesn't mean we need to further help the valley avoid the consequences of a lack of investment in domestic education, or their wild irresponsibility with respect to housing and transport issues in the bay.
Exactly!