‘No American Will Be Left on the Sidelines’: Trump Signs Executive Order to Invest in Low-Income Neighborhoods

President Donald Trump signed an executive order on Wednesday that will encourage private investment into low-income neighborhoods.

The new executive order establishes the White House Opportunity and Revitalization Council. Housing and Urban Development Secretary Ben Carson will head the newly formed council.

The goal of the new council is to ensure that taxpayer dollars are being properly invested in areas where they can make the most difference for low-income families. They are calling these low-income areas “opportunity zones.”

Essentially, this order strips a few layers of bureaucracy in order to make sure that every dollar invested in these areas is maximized and used in the most efficient way possible.

In addition to limiting bureaucracy, this executive order also provides a tax relief incentive to private businesses that are willing to invest in these opportunity zones. The average poverty rate in these communities is twice that of the national average.

Of the new order, Trump said he hopes it will help these high-poverty areas feel the economic successes that followed the Tax Cuts and Jobs act.

Watch the video below:

“This council will coordinate efforts across the entire federal government to deliver jobs, investment, and growth to the communities that need it the most. With the creation of today’s council, the resources of the whole federal government will be leveraged to rebuild low-income and impoverished neighborhoods that have been ignored by Washington in years past. Our goal is to make sure America’s great new prosperity is broadly shared by all our citizens.”

Trump noted that under his presidency, the unemployment rates for African-American workers have been at record lows. He claims these successes are the result of tax reform and his renegotiation of “disastrous” trade deals around the globe.

“No citizen will be forgotten, no community will be ignored, and no American will be left on the sidelines,” Trump said.

The president also thanked Carson and Sen. Tim Scott (R-S.C.) for their work on developing this council.

According to the White House, this executive order will benefit opportunity zones that are home to nearly 35 million Americans.

What do you think?

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Greg Daniels
Member

Maybe, just maybe, the Federal Government can provide BOOKS, COMPUTERS AND PROPER SUPPLIES TO INNER CITIES. I.E. Detroit, Chicago, Oakland, Richmond or even Washington DC. The Schools in these types of cities have no resources, safety or teachers willing to work in those environments. Provide a little HOPE and things could turn around!!!!!

Margaret
Member

Please help our community the county I live in is so politically croupt our young children have nothing a person qualification does not matter .Who you are and what political party you are is all the qualifications needed. .County, Lincoln ,City Harts ,State ,Wv.
No Hope Harts Creek ,West Virginia.

Alhaji Tiejan Kamara
Member

Thank you President Trump , Dr Ben Carson and all those championing this Executive order to help the poor in America. I don’t know how this help will reach me but I believe that if it reached me , I would make the best out of it. I have been fighting poverty in the United States for the past 9 years and I am unsuccessful bc the credit system is not in favor of the poor. I’m looking forward to the Trump administration to credit me some money to buy a tractor trailer to continue my business in d U

Alhaji Tiejan Kamara
Member

I used to own my business in one of the poor neighborhoods and I was one of the young guys a lot of people were looking up to as a motivator to succeed. But I lost my business( ATK’S TRANSPORTATION) due to unavoidable circumstances i.e I don’t have money to pay for my truck’s maintenance when it broke down and the banks cannot give me credit bc my credit is poor. So I have to auction the truck. If the Trump administration will help me buy another used truck to continue my business, I will be ok

Jd Austin
Member

Do a go fund me and give contributors vouchers to hire you at a discount.

I. Chin
Member

Kudos for economic aid that is NOT more handouts.

I hope those in the “opportunity zones” understand this, instead of the resentment/envy previously displayed. q.v attacks on Korean grocers in south LA.

TOM
Member

I see this as more handouts. The federal government is going to take your money and redirect it from your control and put it where the federal government wants it to go.

I. Chin
Member

Tom,
1. because it incentivizes businesses and investors and is not handing out free shit like food, housing, etc.
2. because it’s strips away bureaucracy (talk about unnecessary waste).
3. the Feds take our money and spend it anyway.

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