CHARLOTTE – While President Donald Trump has already held a rally in the eastern part of the North Carolina this summer, he’ll come back this week for the first time in 2020 to give a speech in the Queen City where the convention will be rocking this summer.
Details about Trump’s visit are sketchy, but Axios reported that he will speak at the North Carolina Opportunity Now summit in Charlotte on Friday, as well as attend a fundraising dinner. It is not yet on the Trump campaign’s list of events.
‘Opportunity Now’ is the White House Opportunity and Revitalization Council in partnership with The Department of Housing and Urban Development (HUD). It was created as part of the GOP tax cuts in 2017, designating ‘opportunity zones’ to stoke economic development and job creation in low-income areas by incentivizing long-term investments. It plays to the Trump campaign’s emphasis on its economic record as a ‘Blue Collar Boom.’
Such approaches to stoking economic growth in blighted areas may have more success than the repeating cycles of poverty and spinning wheels brought by Democratic approaches. Although, what is good for the goose should be good for the gander. As in maybe the entire country should become a zone with even lower taxes and more policies promoting private investment and growth.
As it stands now there are more than 85,000 of these Opportunity Zones across the nation. A handful of them are around Charlotte, hence the NC Opportunity Now summit in the Queen City.
When more details are released about the event, we’ll share it here.