The Atlantic

My Hometown Is Getting a $100 Billion Dose of Bidenomics

A massive new semiconductor factory is coming to Syracuse. Can investments like this put the Rust Belt back on the map?
Source: Evelyn Hockstein / Reuters / Redux

On an empty patch of land in my hometown, a new economic order may be taking shape.

Growing up around Syracuse, New York, at the turn of this century had its share of joys: post-blizzard sledding, minor-league baseball games, chance sightings of Syracuse University basketball players at Wegmans. But the area’s best days seemed to be slipping ever further into the past. One major employer after another abandoned the area for leaner workforces and cheaper pastures abroad. To those of us coming of age then, the blaring signal was that if we wanted opportunity and security, we’d better get out. So many of us did—leaving home, and our families, for the “superstar” cities (in my case, New York) where the good-paying jobs were.

That story of decline and exodus was repeated in any number of cities and towns around the country during those years. It was driven in no small

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