Biden keeps his eyes on Bide­nomics as Democ­rats urge him to focus on wars

Biden keeps his eyes on Bidenomics as Democrats urge him to focus on wars

Pres­i­dent Joe Biden con­tin­ues to focus his reelec­tion pitch on the econ­o­my despite the wars being fought in Israel and Ukraine.
The pres­i­dent trav­eled to Tel Aviv, Israel, one week ago to show sol­i­dar­i­ty with the Israeli peo­ple and cau­tion Prime Min­is­ter Ben­jamin Netanyahu to abide by the rules of war while pur­su­ing Hamas ter­ror­ists in Gaza. How­ev­er, that trip was book­end­ed by large-scale eco­nom­ic announce­ments typ­i­cal of the pres­i­den­t’s last year in office.
Before depart­ing for Israel, Biden announced dur­ing a speech in Philadel­phia that the admin­is­tra­tion was award­ing $7 bil­lion in grants to stand up sev­en region­al hydro­gen hubs, a clean ener­gy ini­tia­tive nest­ed in Biden’s land­mark bipar­ti­san infra­struc­ture law.
And on Mon­day, the pres­i­dent des­ig­nat­ed 31 com­mu­ni­ties nation­wide as “Region­al Inno­va­tion and Tech­nol­o­gy Hubs.” Fund­ed through the CHIPS and Sci­ence Act, these regions will seek research and devel­op tech­nolo­gies span­ning semi­con­duc­tors, bio­man­u­fac­tur­ing, and clean ener­gy, accord­ing to the White House.
“These hubs all around the coun­try will bring togeth­er pri­vate indus­try, high­er edu­ca­tion, state and local gov­ern­ments, tribes, and orga­nized labor,” Biden said at Mon­day’s announce­ment. “The work they’re doing is trans­for­ma­tion­al.”

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