August 3, 2004

Bush Announces Initiative to Help Minority Entrepreneurs; Media Ignores it

Jeff Cornwall notes that the media has ignored a new initiative from the Bush administration aimed at boosting minority entrepreneurshp.

President Bush unveiled a new initiative to support minority entrepreneurship at his address to the National Urban League. Sadly, it appears that this announcement got lost in the politics of the day by a media uninterested in any of the real substantial public policy differences in this race.

Imagine that. The media ignored a major substantive initiative introduced by the Bush administration. What makes this particularly troublesome is that this is a program that tackles the problems of minority economic development with a self-sustaining approach, bringing together existing non-profits with the private sector. It creates a network to provide education, training, and access to key resources for minority entrepreneurs. These are the key elements that have proven to work for entrepreneurial economic development.