Letters: Tech’s troubles
Re “Tech sector slips into a slump,” Aug. 19
Could it be that middle-class consumers have run out of money to buy the widgets of the tech companies?
Maybe the consumer is suffering from overload? Maybe they have found a way to live without all these gadgets?
These are questions we need to find solutions for — like maybe raising the minimum wage to $10 plus.
Bobby Fraker
Hacienda Heights
The cause of the tech slump is simple. The industry has traded millions of customers (jobs exported) for the hundreds of thousands of Chinese and Indians with the money to buy the products.
The tech industry has forgotten that it was the now-missing, broad American middle class that made its existence possible.
Larry Severson
Fountain Valley
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