More than 50 million Americans live in “economically distressed” communities, according to a new report by the Economic Innovation Group, a bipartisan research group backed by technology entrepreneurs.
Many of those communities, which are located primarily in the rural South and in old industrial centers in the North, saw no employment gains between 2011 and 2015. At the same time, about 85 million people live in “prosperous” communities which have claimed the lion’s share of job growth and income.
The worry among some policy experts is that large sections of the country are being left behind economically.
Written by Staff members and originally published by The Fiscal Times ~ September 25, 2015.
FAIR USE NOTICE: This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U. S. C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml