Senior Advisor, Fund for Our Economic Future; Nonresident Senior Fellow, The Brookings Institution
Northeast Ohio
Joined December 2008
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Superb piece by @MarkMuro1 and colleagues @BrookingsMetro - let the Great Reallocation proceed! Why the pandemic’s record-breaking quit rates are a boon to workers brook.gs/3GpBLUT via @BrookingsInst
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Thank you, @BibbForCLE, for joining us today to discuss the future of the Northeast Ohio economy and how to make it work better for people.
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ARP allocations represent resource infusions the likes of which haven’t been seen since the 1960s-era Great Society programs. Cleveland, for instance, will receive $511 million; for reference, the city’s 2021 budget is $1.8 billion, notes @bradwhitehead. brook.gs/3o9yORL
My @BrookingsMetro colleagues @EliByerlyDuke, Isaac Velez and I took a look at American Rescue Plan implementation. Lots of opportunity knocking for cities and counties who figure out how to open the door. Thanks to all of those who spoke with us. brookings.edu/research/the-a…
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A very happy birthday to my friend, mentor and boss, @POTUS !! I couldn’t be more proud to be a part of your team! I hope Dr. B let’s you have a few scoops of mint chocolate chip! #HappyBirthdayJoe (photo @schultzinit )
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Migration from coasts into Heartland remained limited during pandemic
Only <200k out of 4.7m moves out of big coastal tech hubs (Bay Area, NY, LA, DC, SEA) jumped to interior states in 2020
See new post brook.gs/3qvPe6E w/OceanYou5 @robmaxim
Bravo to @KerryMcCormack1 and @jennyspencercle for seeking to turbocharge the @LeadSafeCLE request for local American Rescue Plan funding. It is right for our children and study after study shows it is a critical investment in our future workforce. cleveland.com/cityhall/2021/… – at Shaker Heights, OH
The hits keep coming? On the heels of the American Rescue Plan is the potential Endless Frontiers Act, a huge deal for economic health in Northeast Ohio if we start getting ready NOW. Here’s my take: thefundneo.org/to-infinity-a… – at Shaker Heights, OH
Cleveland.com nailed it this morning on the Opportunity Corridor. Collaboration doesn’t need to be this hard. editorialhttps://www.cleveland.com/opinion/2021/05/how-not-to-develop-the-opportunity-corridor-editorial.html – at Shaker Heights, OH
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Here's more useful parsing of what states and cities can and can't do with American Rescue Plan resources, given new guidance:
@bradwhitehead takes a close look here
buff.ly/3oohrLq
@BrookingsMetro
What You Need to Know About What You Can (and Cannot) Do with American Rescue Plan Funding - New blog post from @bradwhitehead buff.ly/3oohrLq
The American Rescue Plan is bringing over $1.8 billion to the region...the Treasury has issued guidelines on how it can be spent - its both narrower and broader than expected. Here’s my take: thefundneo.org/implications-… – at Shaker Heights, OH
A great piece on community wealth building by Ricardo Leon, whom I’m proud to have as a Fund board member and civic partner johnsoncenter.org/blog/good-…
bradwhitehead retweeted
The federal rescue plan will issue billions of $$ to states and localities.
The question is: Which places will spend their money, and which places will invest it?
If leaders want to be in the latter category, read this by @joeparilla and @bradwhitehead
brookings.edu/blog/the-avenu…
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No pressure, but the decisions states and cities make over the next year in using their relief money will determine whether they enjoy a brief stimulus or seed a new trajectory of inclusive ec growth
Good comment from Brad Whitehead & @joeparilla @BrookingsMetro
For many cities and counties, the American Rescue Plan’s state and local funds are not just a $350 billion lifeline; they represent the largest positive fiscal jolt to their budgets in decades, Brad Whitehead & @joeparilla write. brook.gs/39aMbct
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Reminder fo what capitol "security" in full military-grade riot gear looked like for Black Lives Matter protests this summer.
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A double whammy. Not only did many cities miss out on direct federal aid in the CARES Act, some states are now slashing their direct aid to localities.
With 10-20% in projected revenue loss in some states, the job and program cuts will hurt. @MarkMuro1 nytimes.com/2020/09/07/busin… – at Alexandria, VA
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Applications for @cuyahogacounty’s Small Business Stabilization Fund for small businesses are being accepted until this Thursday, April 23rd, at 5p.m. Learn how to apply here: buff.ly/34OOzSO