Gates: Economy 'very strong,' tech spending healthy
Seattle PI | at | by Mike
Microsoft Chairman Bill Gates said yesterday that the U.S. economy is "very strong" and customers are increasingly willing to spend money on new technology projects and investments.
"I see a very positive attitude towards the economy and investment" in information technology, Gates said in an interview. "The willingness to invest in new projects is quite high -- not what it was in the late '90s, but we may never see that again in our lifetime." Gates, who said in January that he's betting against the U.S. dollar, said the decline of the currency has benefited software companies such as Microsoft, which generates half its sales overseas.