Top Scoops

Book Reviews | Gordon Campbell | Scoop News | Wellington Scoop | Community Scoop | Search

 

Clinton Offers Tax Breaks To Rural Areas

US president Bill Clinton is today offering immediate tax credits and guaranteed loans to disadvantaged rural and urban areas who are not benefitting from the strong US economy. John Howard reports.

Bill Clinton started a two-day tour of disadvantaged America Thursday, hoping to promote more public and private investment in rural and urban areas not reaping benefits.

Clinton was at Malcolm X Shabazz High School in Newark where he addressed students, local officials, business executives and entrepreneurs in this city of 300,000 residents which suffers a poverty rate of 30 percent. It also has 9.9 percent unemployed, twice the national average.

"Now is the time to say the rest of America must be part of our prosperity," Clinton said to the cheers of his young audience including civil rights leader Jesse Jackson who was at his side.

Outside from where he was speaking stood buildings covered with posters demanding economic justice.

Clinton said the United States is experiencing an unprecedented economic growth but not everyone is reaping the benefits. "I will not allow that to continue," he said.

"This time we are focusing not only on where to find potential but how to turn that potential in our rural and urban areas into long-term economic partnerships. We can wait no longer," Clinton said.

ends


© Scoop Media

 
 
 
Top Scoops Headlines

 

Using Scoop Professionally? Introducing ScoopPro

ScoopPro is a new offering aimed at ensuring professional users get the most out of Scoop and support us to continue improving it so that Scoop continues to exist as a public service for all New Zealanders. More>>

Don Rennie: Is It Time To Take ACC Back To First Principles?

The word “investing” has played a major part in the operations of the ACC since 1998... More>>

27-29 Sept: Social Enterprise World Forum Live Blog

1600+ delegates from more than 45 countries have came together to share wisdom, build networks and discuss how to create a more sustainable future using social enterprise as a vehicle. Attending the Forum were social enterprise practitioners, social entrepreneurs, policy makers, community leaders, investors, activists, academics and more from across the globe... More>>

HiveMind Report: A Universal Basic Income For Aotearoa NZ

Results from this HiveMind suggests that an overwhelming majority of Kiwis believe that due to changing circumstances and inefficiencies in the current system, we need a better system to take care of welfare of struggling members in our society. More>>

ALSO:

Scoop Hivemind: Medical Cannabis - Co-Creating A Policy For Aotearoa

Welcome to the fourth and final HiveMind for Scoop’s Opening the Election campaign for 2017. This HiveMind explores the question: what would a fair, humane and safe Medical Cannabis policy look like for Aotearoa, NZ in 2018? More>>

ALSO: