Blog Archive

Blog Archive

Friday, June 8, 2012

postheadericon A bipartisan solution to aid America's low-income communities

The lower-than-expected May jobs numbers released last week are further proof that the magnitude of our nation’s economic problems defies traditional solutions. Too many Americans are unemployed and too many communities are hard-pressed to maintain the jobs they have, much less offer new opportunities. Even our most respected economists can’t agree on the solutions that will revitalize our country.

We think our nation’s great economic minds could learn a great deal by putting down their statistical analyses and taking a walk through economically distressed areas in Reading Pennsylvania and Holyoke, Massachusetts that have seen the benefits of NMTC. In Reading, an NMTC investment created jobs and opportunity in a Quaker Maid Meats family owned meat processing business. In Holyoke, the Green High Performance Computing Center is paving the way for new jobs. These aren’t just successful businesses; they are answers to many of our economic challenges.

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