"If at first you don't succeed, try, try again" appears to be the idea underlying President Joe Biden's new economic initiative. On Monday, the White House announced the selection of 31 regional "technology hubs" that will spur innovation, manufacturing capacity, and employment with the help of generous federal subsidies.
"We're going to invest in critical technologies like biotechnology, critical materials, quantum computing, advanced manufacturing—so the U.S. will lead the world again in innovation across the board," Biden said in a press conference announcing the new initiative, per the Associated Press.
