Bruce Katz, Bob Geolas and Julie Wagner · February 25
As Congress moves closer to enacting President Biden’s $1.9 trillion American Rescue Plan, focus on the elements of a broader recovery package is intensifying. While the relief package addresses the urgent, immediate challenges of the pandemic (including state and local fiscal relief) and accelerated vaccine distribution, the recovery package is intended to address the structural challenges that pre-date the public health crisis: geographically unbalanced economic growth, accelerating climate change, growing income inequities and a reckoning with systemic racism. The recovery package is the vehicle for achieving President Biden’s vision for “Building Back Better.”
Bruce Katz, Ben Preis and Colin Higgins · February 11
We spent much of last year detailing how the COVID-19 crisis has decimated small businesses, especially Black– and Latino-owned businesses, which have long faced challenging headwinds in the US economy. In order to address these challenges, a group came together to author Big Ideas for Small Business, emphasizing the need for transformative action by the federal government, the financial industry, states, localities, corporations, and other private institutions to reshape our economy so that it works for small businesses, especially Black-, Latino-, and Women-owned businesses.
Bruce Katz, Victoria Orozco, Domenika Lynch and Colin Higgins · January 28
The COVID-19 pandemic is a powerful mirror for the current state of U.S. society. It has exposed deep, structural racial and ethnic disparities on income, health and wealth, and barriers to social mobility in the country. In so doing, it has devastated Latino-owned and Black-owned businesses in the U.S., exacerbating what were already substantial gaps in the number, size and growth potential of these firms. It has also catalyzed broader support for racial justice and inclusion across America — recently illustrated by President Biden’s Executive Orders on Advancing Racial Equity and Support for Underserved Communities Through the Federal Government and preserving and fortifying DACA.
Bruce Katz, Colin Higgins, Andrew Petrisin, Michael Saadine · January 12
Set up 18-month economic recovery centers to coordinate, align, prioritize, and execute local efforts
As we look back at one of the worst weeks in U.S. history, with an unprecedented assault on our democratic institutions and processes, cities need to keep an eye on what’s ahead. In the chaos and tragedy of the week it was easy to lose sight of the message coming out of Tuesday’s Senate races in Georgia: Cities get ready, there is a multi-trillion-dollar stimulus coming.
Bruce Katz, Colin Higgins, Andrew Petrisin, Michael Saadine · December 9
Unleashing a Perpendicular Nation: Five Ways to Transform the Federal-to-Local Relationship in the Biden Administration
Last month we wrote that local economic stakeholders could not afford to wait for certainty about the federal balance of power before organizing their plans for recovery. We proposed a five-part roadmap to help them prepare in light of the uncertain prospect of federal stimulus. Today we examine how to advance New Localism generally, and the relationship between the federal government and American cities and metros specifically, in the Biden Administration.
Our thesis is straightforward: governing effectively to build back better from our current domestic crises will require the Biden Administration to utilize the full energy of American cities and metros (irrespective of who controls the Senate).
For many reasons, this is much easier said than done.
Bruce Katz and Colin Higgins · November 12
As our nation turns its weary and anxious eyes away from the election, we are thinking hard about what comes next. We are entering into one of the worst phases of the COVID pandemic with massive uncertainty about what type of stimulus will come and when.
Our message here is a simple one: local economic stakeholders cannot afford to wait to proceed until the federal fog of uncertainty lifts. They must start organizing now.
As we wrote in early April, local economies did not have the luxury of waiting for federal action on small business relief. Today’s situation is similar, but different in one key respect: rather than just emergency relief, what’s at stake is a recovery that will shape the next decade (and longer) for local economies. In March, local stakeholders across the country set up local small business relief funds before the federal government could act. Today, action is needed on a vaster scale which organizes public, private, and philanthropic stakeholders locally to provide versatile channels for directing resources for a recovery—regardless of where the federal government settles.
Bruce Katz · October 20
The COVID-19 crisis is the greatest economic shock since the Great Depression, and it is landing hardest on our nation’s small businesses, the heart of local economies and community life. The pandemic has reminded us of the outsized role small businesses play in our economy, employing 47% of the U.S. workforce, generating two-thirds of new jobs, and serving as a critical path to economic self-sufficiency. But the pandemic has also revealed not only the fragility of many of these enterprises but profound deficiencies in how they are supported by federal policies, private practice, and local action.
To that end, a group of us (see full list below) have prepared Big Ideas for Small Business. Special thanks are due to Nate Loewentheil and Jamie Rubin for conceiving of this project back in the spring.
Bruce Katz · September 30
One of the best parts of my job is the chance to work with reflective practitioners from around the world. These individuals are often at the vanguard of problem solving in our societies, given their unusual combination of subject matter expertise and hard-earned practical experience. This is the essence of New Localism and helps explain the rise of city and metropolitan networks as key agents of change.
Bruce Katz · September 17
I am participating next week in a UK conference on Creating Communities: Places beyond the Pandemic (creatingcommunities.co). The conference is designed to wrestle with the central question: How can place-based policy and regeneration enhance communities and prosperity?
To prepare for the conference, the organizers (a new think tank called Onward) asked me to reflect on what New Localism means in an Age of Pandemics. This is an expanded version of what I contributed.
Bruce Katz and Richard Florida · September 3
COVID-19 and the fallout from it confronts Philadelphia with series of overlapping health, economic, fiscal and social crises. These are perhaps the deepest crises the city has faced in modern memory, but its roots are not new. COVID-19 has accelerated and reinforced deep challenges the city was facing even before the pandemic struck — crises of equity and inclusion, of overcoming inequality and deeply concentrated urban poverty, of building a more robust, sustainable, inclusive and resilient economy. It has become something of a cliché to say a crisis is a terrible thing to waste. But we surely can’t waste this one. There is a rare opportunity and obligation to finally address the deep challenges and overlapping crises facing Philadelphia, and build the city back better.