> "Average earnings in the valley grew by nearly 40 percent between 1997 and 2000"
Taking wage data from the massive tech bubble is some serious cherry picking.
Earlier in the same paragraph:
> "in 2005 the [San Jose] metro area approved permits for only 5,700 new units"
Again, this also cherry picking, as the area was just coming out of one of its biggest busts-- the aftermath of the tech bubble (the number of tech jobs is still not as high as it was in 2000). Although one would never know it from reading the piece.
Ah, yes. Back around 1980, a piece in WM gave an number of hours flown for the USAF during the previous year or so, compared it with hours for some period about 10 years previous, and suggested that the decline was due to the Air Force's appetite for ever more complex and high maintenance airplanes. That the earlier period had been in the middle of the Vietnam War they did not mention.
Taking wage data from the massive tech bubble is some serious cherry picking.
Earlier in the same paragraph:
> "in 2005 the [San Jose] metro area approved permits for only 5,700 new units"
Again, this also cherry picking, as the area was just coming out of one of its biggest busts-- the aftermath of the tech bubble (the number of tech jobs is still not as high as it was in 2000). Although one would never know it from reading the piece.