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Old 04-24-2009, 01:42 PM
 
Location: Dorchester
2,602 posts, read 4,318,635 times
Reputation: 1082

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Quote:
Originally Posted by hsw View Post
Phila is only as relevant as the ?<200 smart Wharton undergrads who pass through for some 2-3 yrs (before fleeing for careers in NYC or Silicon Valley)

Very similar to Bos w/its ?<200 smart Harvard undergrads who also flee to NYC or SV upon graduation

Reality of decrepit, high-cost, high-tax, anti-business cities/regions that haven't generated new financial or tech cos. or new wealth in decades....despite some of world's best and most relevant colleges, can't retain the smartest undergrads post-grad w/o a pro-wealth creation culture
Philly and Boston are number 4 and 6 in gross GDP in the nation. How can that be possible if there is such a brain drain?
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Old 04-24-2009, 05:38 PM
 
2,009 posts, read 4,401,394 times
Reputation: 987
You have to learn to appreciate hsw's posts. It's an acquired taste. Granted, you cannot take the guy seriously. You'll see him frequently in the NYC, Chicago, San Francisco Bay Area, and Los Angeles boards talking about the high net worth areas and the hedge fund industries.

Quote:
Originally Posted by rainrock View Post
Seems kind of a narrow minded elitist attitude. The Philadlephia area has a healthy economic mix and boasts upwards of 50,000 BA degrees per year, most of which whom are employed,live, and raise their families in the Philadelphia region. Who cares if a couple hundred Wharton grads run off to Manhattan. I mean are you serious?

Anyway. If Philadlephia had remained the capital then a region that was well positioned to piggyback on that success would have been the Lehigh Valley. The Philadelphia area would have resembled current day Washington/NVA/MD with the Fed presence, the Lehigh Valley probably gets the Philadlephia areas pharma,education,tech,healthcare,strong insurance +mutual fund base,manufacturing etc.. The entire area from Philly to Allentown would probably have blossomed into one gigantic metro which isnt necessarily a good thing imo.
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Old 04-24-2009, 05:39 PM
 
2,009 posts, read 4,401,394 times
Reputation: 987
Hey hsw, how about MIT in Boston? Aren't they relevant? lol!

Quote:
Originally Posted by hsw View Post
Phila is only as relevant as the ?<200 smart Wharton undergrads who pass through for some 2-3 yrs (before fleeing for careers in NYC or Silicon Valley)

Very similar to Bos w/its ?<200 smart Harvard undergrads who also flee to NYC or SV upon graduation

Reality of decrepit, high-cost, high-tax, anti-business cities/regions that haven't generated new financial or tech cos. or new wealth in decades....despite some of world's best and most relevant colleges, can't retain the smartest undergrads post-grad w/o a pro-wealth creation culture
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