Guess what? The Biden administration is meeting its commitment to under served communities There was a bit of a brouhaha on Xitter in the last couple of days when an economic reporter for the NY Times posted that his friends in Brooklyn didn’t know about Biden’s economic successes and when confronted with the fact that the media bore some responsibility for that he fired back that he isn’t the Biden administration’s PR company. Let’s just say it wasn’t well received. Apparently, Biden hasn’t been entertaining enough for them to cover it. He needs to up his “PR” so the news media will feel it’s important to cover it. Having said that, here’s a shout out to Axios for reporting this, which I did not know before: There’s an unprecedented building boom underway in America. With it has come a less-noticed phenomenon: a surge of investment into communities left behind in the last economic expansion. Why it matters: Poorer counties with lower employment rates have attracted a large share of the hundreds of billions of dollars allocated for clean energy projects, semiconductor mega-factories and more. If sustained, the investment surge has the potential to help reshape local economies — a sharp departure from the 2010s, a period that saw more muted investment in these parts of the country. Driving the news: These counties have received a disproportionate share of investments relative to their economic output, according to a new report from the Brookings Institute and Massachusetts Institute of Technology. The researchers look at private investment in economically…