Glen Dale, W. Va. — Bad news travels fast. Good news, meanwhile, doesn’t seem to travel at all.
Last weekend in Beijing, as part of his 12-day trip to Asia, President Trump announced that the US and China had signed an $83.7 billion memorandum of understanding to create a number of petrochemical projects in West Virginia over the next 20 years.
If the agreement holds tight, it is an economic game changer for the state.
And yet, speaking to the locals here, you wouldn’t even know it had happened.
-----------------------------------------------------------------------------------------------------------------------------
The BBC and CNN covered the news in their business sections, while The New York Times picked up a short story by The Associated Press on the deal. The stories’ headlines were muted; their placement low-key.
“One would have suspected that the prospect of an investment this large — nearly three times the total annual budget for the department of energy — would have been front-page news,” said Paul Sracic, political-science professor at nearby Youngstown State University.
No comments:
Post a Comment