Jenny

“In my hometown, the number of children living in poverty has more than tripled since I left.[4] The number orphaned by the opioid crisis has tripled just since 2015.[5] After the jobs went away, heroin helped itself to my hometown, followed by fentanyl and meth. The result of that one-two punch has been a preponderance of trauma that is overtaxing every system meant to address it. “Backward mobility,” economists call this devastating trend, exacerbated by the Great Recession. As corporate profits soared, the median wage for workers, adjusted for inflation, stagnated, and the cost of housing, education, and health care far outpaced inflation. In the four decades between my graduation and Silas’s, inequality grew so dramatically in the United States that the richest 0.01 percent of Americans have accumulated the same amount of wealth as the poorest 50 percent.[6]”
― Beth Macy, Paper Girl: A Memoir of Home and Family in a Fractured America

“America’s student-loan debt machine is now larger than Americans’ combined credit-card debt.[11] Think about how many college graduates have amassed five- and six-figure student-loan debts, and yet a third still earn less than half the nation’s median wage.[12] While economists argue that a four-year degree is still the best long-term path forward,[13] only half of Americans participate in any form of higher ed at all. When they pulled the ladder of upward mobility away from low-wage families, they took away the thing that soothes misery and distress; they took away their hope. What the free-market boosters failed to account for is that, without the potential for advancement and the general sense that fairness and justice will prevail, our social compact is screwed. The more divided our education levels, the more divided our nation.”
― Beth Macy, Paper Girl: A Memoir of Home and Family in a Fractured America

“When they pulled the ladder of upward mobility away from low-wage families, they took away the thing that soothes misery and distress; they took away their hope. What the free-market boosters failed to account for is that, without the potential for advancement and the general sense that fairness and justice will prevail, our social compact is screwed. The more divided our education levels, the more divided our nation.”
― Beth Macy, Paper Girl: A Memoir of Home and Family in a Fractured America

“NAFTA took nearly a million jobs away, and the trade agreements that followed it were responsible for the loss of a staggering four million more jobs, most of them in manufacturing. The Great Recession slashed another two million jobs and twenty-five thousand businesses.[11] The average laid-off factory worker suffered a 19.2 percent fall in their standard of living, with Chinese imports reducing roughly a third of all Americans’ incomes, delivering a disproportionate blow to rural areas and small towns.[12] The international conglomerate Honeywell Aerospace would end up owning Grimes Manufacturing. “I don’t even know where it’s based,” said Rich Ebert, the county’s director of economic development.[13] (Honeywell’s corporate headquarters are in Charlotte, North Carolina.) There is no Old Man Honeywell who has at least some of Urbana’s interests at heart. Cheaper furniture and blue jeans notwithstanding, displaced American workers are still waiting on Clinton’s win-win to land. In the transition to a “twenty-first-century economy,” hollowed-out communities and even whole regions were largely treated as collateral damage.”
― Beth Macy, Paper Girl: A Memoir of Home and Family in a Fractured America