8 years is a long time. We were lucky because the great recession didn’t impact high tech because for the most part most of the recovery and investments were in tech.
Remember the bush years? How did tech do then?[/quote]Which Bush? What happened to tech? If you’re talking about GWB, I thought tech recovered just fine after the .com crash. Going forward, I predict that $ will continue to be pouring into tech. So, I’m not worried.
Also, McCarthy era was ~60 years ago. A lot has changed since then.[/quote]
GWB. It took about 8 years for tech to recover, as most of government spending was on funding a war that was suppose to last a few months that ended up lasting more than 2 terms. It might not have impacted you because maybe you just starting out. But for a lot of people there was no point in talking about buying assets during 2001-6, because many of the tech workers were unemployed. A lot of us lived through the tech bubbles. When growth is questioned, valuation is cut, capital dries up. Startups fold pretty quickly when they can’t get their 3rd or 4th round of funding.
One other thing. In recent times, none of the presidents have had an agenda to single out specific ethnic groups. No matter how bad the president’s decisions were, none were directed internally at any specific group in the U.S. Not even Bush Senior or Junior. So from 60 years ago, a lot has changed since then…Well, at least until now. The question is, will this continue?
