Al Gore in The New York Times

On Welfare & Poverty: Investing in inner cities is good deed & good business

Investment in our inner cities is not just a good deed, it is good business,“ Gore told a gathering of business & community leaders. Gore said many black and Latino communities across the nation have been left out of the country’s economic prosperity because of ”the cumulative impact of many generations of diminished opportunity, discrimination & barriers that have impeded progress.“ Gore cited statistics that, on average, the wealth of African American families is just 11% that of the average white family; for Latinos the figure is 10%. As a result, he said, many bright young Latinos or African Americans with good entrepreneurial ideas can’t rely on relatives to help finance a first business, and thus abandon their dreams. “We’re missing out in America, because when a young entrepreneur has a good idea, that individual is going to create more jobs in the community, more wealth in the community, more investment by the people who live in the community in the future of that community,” Gore said. Source: Elizabeth Shogren, N.Y. Times Staff Writer on 2000 election Apr 16, 2000

The above quotations are from Media coverage of political races in The New York Times. Click here for other excerpts from Media coverage of political races in The New York Times. Click here for other excerpts by Al Gore. Click here for a profile of Al Gore.
Please consider a donation to OnTheIssues.org! Click for details -- or send donations to: 1770 Mass Ave. #630, Cambridge MA 02140 E-mail: submit@OnTheIssues.org (We rely on your support!)

Page last updated: May 20, 2019