September 3, 2001

High tech's amazing decade

Author: JT Smith

From Seattle P-I: "On Labor Day weekend 10 years ago, the economy was ailing and workers were worried about anemic pay raises and growing layoffs. Here we are again. Today's story is about the same. But the hype of the last 10 years said it wasn't supposed to be this way. Over the last decade technology gurus gathered around a booming stock market chanting that the digital age had ushered in a new kind of prosperity. Instantaneous information was flattening out supply and demand problems, creating new efficiencies and providing unheard of economic opportunities."


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