By Bay City Newsoriginally published in San José Spotlight.
Life expectancy is declining, the poor are getting poorer, and the richest people in Silicon Valley are thriving.
The 2022 Silicon Valley Dice of Pain report highlights that Santa Clara County generated $340 billion in gross domestic product in 2021, a 4.4 percent increase from 2020, while nearly half of children in Silicon Valley live in households that can't make ends meet on their income.
Life expectancy for black and Latino residents has also worsened, while the top 10 percent of earners in the region control three-quarters of the collective wealth, according to a report by the National Statistics Institute.