# The New Rustbelt? **URL:** \ **Category:** Uncategorized\ **Created:** [November 16, 2022, 4:02pm UTC](https://community.clark.com/t/the-new-rustbelt/1652 "2022-11-16T16:02:12Z")\ **Posts on this page:** 11\ **Page:** 1
**Author:** ![H200h](https://avatars.discourse-cdn.com/v4/letter/h/e79b87/32.png) [@H200h](https://community.clark.com/u/H200h)\ **Post date:** [November 16, 2022, 4:02pm UTC](https://community.clark.com/t/the-new-rustbelt/1652/1 "2022-11-16T16:02:12Z")
Will Silicon Valley become our new rustbelt? > **[Silicon Valley job layoffs continue as Meta slashes thousands of jobs](https://www.cbsnews.com/sanfrancisco/video/silicon-valley-job-layoffs-continue-as-meta-slashes-thousands-of-jobs/)** > > CBS correspondent Carter Evans spoke with a former employee who was among the 11,000 Meta workers who no longer has a job. (11-10-22) > **[Layoff spree in Silicon Valley spells end of an era for Big Tech](https://www.washingtonpost.com/technology/2022/11/12/tech-facebook-twitter-layoffs-dotcom/)** > > Amazon is the latest tech giant to announce layoffs. Tens of thousands have lost their jobs as pandemic overspending, high interest rates and recession fears hit home. ---
**Author:** ![PropofolMask](https://avatars.discourse-cdn.com/v4/letter/p/6f9a4e/32.png) [@PropofolMask](https://community.clark.com/u/PropofolMask)\ **Post date:** [November 16, 2022, 4:10pm UTC](https://community.clark.com/t/the-new-rustbelt/1652/2 "2022-11-16T16:10:23Z")
I wonder what Clark Howard’s response to the question(s) would be. ---
**Author:** ![H200h](https://avatars.discourse-cdn.com/v4/letter/h/e79b87/32.png) [@H200h](https://community.clark.com/u/H200h)\ **Post date:** [November 16, 2022, 4:17pm UTC](https://community.clark.com/t/the-new-rustbelt/1652/3 "2022-11-16T16:17:04Z")
From a few people who work directly with a few major players, “it ain’t lookin good.” Too concentrated, too expensive… that’s why they are spreading out across the country, like Micron and major startups like the new EV makers. ---
**Author:** ![PropofolMask](https://avatars.discourse-cdn.com/v4/letter/p/6f9a4e/32.png) [@PropofolMask](https://community.clark.com/u/PropofolMask)\ **Post date:** [November 16, 2022, 4:17pm UTC](https://community.clark.com/t/the-new-rustbelt/1652/4 "2022-11-16T16:17:58Z")
H200h, what about Oregon and Washington State? ---
**Author:** ![H200h](https://avatars.discourse-cdn.com/v4/letter/h/e79b87/32.png) [@H200h](https://community.clark.com/u/H200h)\ **Post date:** [November 16, 2022, 4:24pm UTC](https://community.clark.com/t/the-new-rustbelt/1652/5 "2022-11-16T16:24:26Z")
Too expensive… I think you’ll see them taking advantage of places like the Intermountain states, plains, Midwest and Appalachia. Much cheaper cost of living and labor market. ---
**Author:** ![PropofolMask](https://avatars.discourse-cdn.com/v4/letter/p/6f9a4e/32.png) [@PropofolMask](https://community.clark.com/u/PropofolMask)\ **Post date:** [November 16, 2022, 4:25pm UTC](https://community.clark.com/t/the-new-rustbelt/1652/6 "2022-11-16T16:25:37Z")
What about Texas? Austin is getting too crowded, is it not? ---
**Author:** ![PricePerformer](https://sea2.discourse-cdn.com/flex016/user_avatar/community.clark.com/priceperformer/32/159_2.png) [@PricePerformer](https://community.clark.com/u/PricePerformer)\ **Post date:** [November 16, 2022, 7:11pm UTC](https://community.clark.com/t/the-new-rustbelt/1652/7 "2022-11-16T19:11:03Z")
I was surprised to see Tesla’s new plant in Austin. Although if you need a high tech workforce… ---
**Author:** ![robertpri](https://avatars.discourse-cdn.com/v4/letter/r/ec9cab/32.png) [@robertpri](https://community.clark.com/u/robertpri)\ **Post date:** [November 16, 2022, 8:42pm UTC](https://community.clark.com/t/the-new-rustbelt/1652/8 "2022-11-16T20:42:45Z")
> [@PropofolMask](#): > > what about Oregon and Washington State? I left Oregon decades ago but still have family in both states. The cost of living in both is horrendous. Makes California look reasonable. ---
**Author:** ![H200h](https://avatars.discourse-cdn.com/v4/letter/h/e79b87/32.png) [@H200h](https://community.clark.com/u/H200h)\ **Post date:** [November 16, 2022, 9:03pm UTC](https://community.clark.com/t/the-new-rustbelt/1652/9 "2022-11-16T21:03:34Z")
> [@PricePerformer](#): > > I was surprised to see Tesla’s new plant in Austin. > Although if you need a high tech workforce… Musk is in charge. Don’t expect logical decisions. 🤓 ---
**Author:** ![AustinBonds](https://avatars.discourse-cdn.com/v4/letter/a/6bbea6/32.png) [@AustinBonds](https://community.clark.com/u/AustinBonds)\ **Post date:** [November 17, 2022, 3:42pm UTC](https://community.clark.com/t/the-new-rustbelt/1652/10 "2022-11-17T15:42:34Z")
Wherever the taxes and cost of doing business blows their sails. ---
**Author:** ![H200h](https://avatars.discourse-cdn.com/v4/letter/h/e79b87/32.png) [@H200h](https://community.clark.com/u/H200h)\ **Post date:** [November 17, 2022, 5:10pm UTC](https://community.clark.com/t/the-new-rustbelt/1652/11 "2022-11-17T17:10:15Z")
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