Economic development requires a community-based willingness to secure income and invest it into above average assets and sectors with leverage, then structure and engage programmatic methodologies to give it all away to low income, low wealth people from economically disadvantaged families so they can do the same.
Crime rates. Real estate prices. Jobless gap by race. These are each connected.
DC might be one of the worst places an economically disadvantaged child can be raised in America today.
pH14 Plan is an economic development model that currently requires a collaborative partnership between parents and their young adult children, and a willingness of America (ie, HNW people, big businesses, and governments) to provide full time minimum wage employment to economically disadvantaged young people.
Every few years, an ultra-HNW American gets caught saying something on a ‘hot mic’ they shouldn’t have said.