Plus, watch President Biden’s remarks at Brookings about the U.S. economy.
America needs a Marshall Plan for small businesses and their workers Next year, the new Trump administration will inherit the most expansive portfolio of federal investments in the U.S. economy in over half a century. Spurred by bills like the CHIPS and Science Act and the Inflation Reduction Act, these investments aim to renew America’s infrastructure and manufacturing across a wide range of sectors. To realize this transformation, the nation’s small businesses must be mobilized, Xavier de Souza Briggs and Spencer Lau argue. Their new report explains why small firms are undervalued in the national conversation and calls for a plan that invests in small business workforce development. | President Biden speaks at Brookings | This week, President Biden visited Brookings to reflect on his administration’s economic strategy and the future of America’s economy. If you missed the event, watch the video. To learn about the Biden administration’s investments in strategic sectors, read this analysis. | About Brookings The Brookings Institution is a nonprofit organization based in Washington, D.C. Our mission is to conduct in-depth, nonpartisan research to improve policy and governance at local, national, and global levels. If you were forwarded this email, sign up for the Brookings Brief to stay updated on our latest work. | The conclusions and recommendations of any Brookings publication are solely those of its author(s), and do not reflect the views of the Institution, its management, or its other scholars. | |