The New York Times was startled to learn pre-COVID America’s 614 billionaires were worth a combined $2.95 trillion. As the Dow hit record highs last week, there are now 650 billionaires and their combined wealth was now close to $4 trillion.
It is kind of neat that big-names in places like the NYT have finally noticed the state of economic inequality in America, albeit for all the wrong reasons (something else endemic to instead blame on Trump as he goes out the door.)
In the worst economic crisis since the 1930s, American billionaires’ wealth grew by a third during the worst of COVID. Where’d all their new money come from? You, paying interest up to the Lord of Manor. For example, Dan Gilbert, chair of Quicken Loans, was worth $7 billion in March; he now has $43 billion. It takes a lot of poor people to sustain that amount of wealth at the top. Listen for the sucking sound as the cash moves.
If like the NYT you are only figuring this out now you are way too far behind to really matter. A tiny percentage of Americans own, control, and benefit from most everything; call it one percent but a large number of the one percent are just slugs and remoras (hedge fund managers, corporate lawyers, etc.) who feed off the crumbs left by the .01 percent You know a handful of the real rich names — Bezos, Gates, Buffet — but only because they own public facing companies. Most of the others prefer less public lives while they control the public. And silly you, you worried that it was the Russians who stole the election.
Now to talk about conspiracy theories is to imply that something “different” happened, that the system did not work as usual and as intended; for example, instead of an election the president was assassinated to change of who was in charge. The term conspiracy has kind of a bad feel to it. So let’s not call whatever happened this autumn to elect Joe Biden a conspiracy. But here is what happened, so see if you have a better word.
The corporate media owned by that .01% spent four years attacking Trump. Then it sent information about Hunter Biden that would have changed the election down the memory hole, and policed social media to Joe’s advantage. Corporate pharma, also owned by the same people, held back announcement of Covid vaccines until just after the election. And guess what — “something” happened again in Democratic primaries that started with some of the most progressive candidates since Henry Wallace to instead push a politician known as the Senator from Mastercard into the White House, where he promptly filled his Cabinet with the same old thinkers corporate America liked from the Obama years. A highlight is Janet Yellen at Treasury, who helped run the massive corporate bailout that created the .01 percent out of the one percent after the Great Recession. No wonder Biden told donors “nothing would fundamentally change” for the wealthy when he’s in charge.
One of the reasons economic inequality has ramped up to where it is after a slow remaking of society in the 1970s has been a clever manipulation of the people most impacted by it. Naturally, they first need to be divided so they will not work together. That was so simple it is genius: poor people of color are victims of racism and can’t climb up until that’s all cleared up, while poor white people are too lazy and stupid to lift themselves up by their bootstraps. Encourage the POC to feel jealous of the chances the dumbs whites throw away and blame the whites for racism. Get the white folks to believe POC live off handouts. A trick as old as mud, set two sides against each other. As long as racism, the fate of the Rust Belt, and economic inequality are separate topics talked about by different people (blacks, whites, and socialist hippies) nothing changes.
Please don’t think this is too original a thought. Lyndon Johnson pretty much gave the basic thesis statement in 1960 years before he kicked off the War on Poverty, in Appalachia, for the poor white people who were then the Democratic base. Johnson said “If you can convince the lowest white man he’s better than the best colored man, he won’t notice you’re picking his pocket.” The final step is to make it impossible to talk about any of this.
There’s a new book out, Big White Ghetto: Dead Broke, Stone-Cold Stupid, and High on Rage in the Dank Woolly Wilds of the “Real America.” There’s a new movie out of an old book, Hillbilly Elegy. The National Review has its own white trash story and the MSM has made parachuting its elite columnists into the Heartland to write thought pieces into a sub-genre that could sit aside Business and Sports on the masthead. Whatever all those writers think their point is, their point ends up being poor whites are very different than poor blacks.
The whole poverty-class cosplay industry got a meth-like boost in 2016 when east coast liberals tried to find another reason why Donald Trump won after their friends and fellow journalists snatched up Russian interference. Blaming Putin of course petered out after a three year run, about as long as Hillbilly Elegy took to move from book to movie. Why the fascination with white trash?
Poor white people are a stand in for poor blacks. Kinda by proxy, the way the movie M*A*S*H* set in Korea was really criticism of America’s war in Vietnam. White liberals can say anything they want about Appalachians, stuff they can’t get away with saying about blacks.
Nick Kristof of the New York Times, visiting Jackson, Kentucky, was shocked by parents who were taking their children out of school because improved academic performance would threaten $700-a-month Social Security disability benefits. These benefits have accrued over various feel-good administration gestures to the point where they are are paid out for nebulous afflictions such as loosely defined learning disorders in eight-year-olds. But Kristof wins for accidental honesty: “This is painful for a liberal to admit, but conservatives have a point when they suggest that America’s safety net can sometimes entangle people in a soul-crushing dependency.”
Next up is Kevin Williamson, because his Big White Ghetto is one of the newest books which says the same thing as all the others. Williamson writes, for example, without controversy “welfare has made Appalachia into a big and sparsely populated housing project — too backward to thrive, but just comfortable enough to keep the underclass in place.” Now imagine the exact sentence with a little tweak — “welfare has made parts of New York City into a big and sparsely populated housing project — too backward to thrive, but just comfortable enough to keep the black underclass in place” and imagine all hell breaking loose on Maddow that night. Imagine if Ta Nehisi Coates, instead of making a career out of cataloging black victimhood, said “Get off your asses, brothers. They hiring at KFC.”
Or try this one: “The government gives people checks, but nobody teaches them how to live,” says a former high-school principal who spoke with Williamson in Kentucky.” Imagine your favorite conservative talk radio host saying “the problem among blacks is the government gives them checks, but never teaches them how to live.” Shall we talk about single moms in Appalachia whose baby daddies cook meth or shall we talk about deadbeat black dads who cook meth in the South Bronx? Write a book about the former and you’ll vie for a Pulitzer. Try that with the latter without making it a how-to on victimhood and Oprah will skin you alive on the TV.
Here’s some evocative street scene talk about Appalachians: “Jimmy is attached to one of the clusters of unbusy men who lounge in front of the public buildings in Booneville — ‘old-timers with nothing to do,’ one observer calls them, though some of those ‘old-timers’ do not appear to have reached 30 yet, and while their Mossy Oak camouflage outfits say ‘Remington,’ their complexions say ‘Nintendo.’” How far would a writer get with: “Tyron’e is attached to one of the clusters of unbusy men who lounge in front of the hookah shops in Compton — ‘old-timers with nothing to do,’ one observer calls them, though some of those ‘old-timers’ do not appear to have reached 30 yet, and while their NBA jerseys say “LeBron” their complexions say “Nintendo.”
Or less serious but basically a taste of the same, remember SNL’s serial skits of Appalachian Emergency Room, featuring comical rednecks with comical injuries; one ongoing character came in with all sorts of things stuck up his anus. It was as if the Beverly Hillbillies image of rural people had never been updated. Imagine if Amos and Andy were still on, or maybe just a new series called Ghetto Emergency Room featuring hilarious episodes of gunshots and ODs.
A forced viewing of Hillbilly Elegy showed it is to truth what hemorrhoids are to pleasant mornings. Just when you would think they had exhausted every “hick in the big city” cliche they pull out the old one where the protagonist gets invited to a fancy dinner party and is intimidated by which of the multiple forks to use. “What to Do” with all the forks was fully explained in the movie Titanic dinner scene, where the exact same scenario took place. Also there is always the church trick, just kneel when other people do. Or figure a guy like the main character in Elegy who went through an undergrad education, the Marine Corps, and got into Yale would puzzle it all out. This use of cliche for poor, dumb, white characters is routine. I wonder how many movies that feature poor, dumb, POC trying to make it would dare do the same. That’s be racist, right, mocking a ghetto kid for not knowing White Manners, whereas anything goes with slack jawed yokels. Even street-smart Eddie Murphy in Trading Places ultimately turned his lack of White Manners into an advantage. Imagine the Elegy guy saving the day at Yale in a tobacco spitting contest!
Among the other terrible things about the Elegy movie (and the book, but less so) is a near total lack of empathy for any of the characters. They are all presented as terrible people, and all their problems are their own fault and made worse by their own actions. They are not presented in any way as victims of larger forces (such as racism or urban gentrification), as is common in stories like this about POC (think Boyzz in the Hood or Do the Right Thing.) There is no leavening poor white problems. Even the shared drug problem, same stuff, cheap crank, is treated differently. Black folk are victims of some white conspiracy, maybe even the CIA, to keep them down by flooding the ‘hood with narcotics. White trash? They have no self-restraint. Same as them using abortion as a cure for recreational sex.
We tend to forget the War on Poverty started in Appalachia, under Lyndon Johnson in 1965, aimed at poor whites. It failed to help them, as it failed to help blacks as the program later grew. Too much welfare of the wrong kind without real jobs to back it just created generational dependencies. But we can only talk about one demographic group that way.
That seems to be the take away from another new book, The Upswing: How America Came Together a Century Ago and How We Can Do It Again. After an exhaustive study of decades of data, author Robert Putnam concludes the many gaps between blacks and whites — education, health, employment, financial — narrowed between 1940 and 1970, driven by the Great Migration into northern industrial jobs. Then around 1970 black life fell into a decline which continues today. Putnam is right as far as he goes, but he misses the big picture in his race to blame racism. From 1940 to 1970 the lives of all lower class Americans of all races improved, especially up north where what became the Rust Belt was once the manufacturing center of the universe. Everyone rose, and fell, the same. Real, adjusted wages were never higher for all Americans then in 1972. But the The Upswing only follows part of the crowd down.
Putnam and so many others ignore how economic insecurity engulfs more than 76 percent of white adults by the time they turn 60. Pessimism among whites about their economic future is today at its highest point since 1987. More than 19 million whites fall below the poverty line of $23,021 for a family of four, accounting for more than 41 percent of the nation’s destitute, nearly double the number of poor blacks. Buchanan County, 99 percent white in southwest Virginia, is among the nation’s most destitute places, with poverty at 24 percent.
So today we are allowed to mock one failed group as dumb Trump rednecks and treat them as subjects of a nature documentary. Blacks, they’re victims with the president elect still two-stepping around comments on reparations due. Don’t expect much progress for either group until we are allowed to talk openly about both. Try saying all American lives matter and you risk a broken nose. And wake me when a book called Urban Elegy becomes a best seller.
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