Created
Fri, 16/02/2024 - 07:00
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.