• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

How to Govern AI Before It Damages Your Brand

March 17, 2026

How Investing in Culture Will Help You Win the Next Decade

March 17, 2026

The 11 Most In-Demand Professional Certifications You Can Get Right Now

March 17, 2026
Facebook Twitter Instagram
Trending
  • How to Govern AI Before It Damages Your Brand
  • How Investing in Culture Will Help You Win the Next Decade
  • The 11 Most In-Demand Professional Certifications You Can Get Right Now
  • Business of Gen Z and Experiential Retail: Marine Layer, Abbode
  • Fed to Weigh Interest Rates Amid Iran War, Potential Price Increases
  • 7 Potential Income Sources Seniors Always Forget About
  • Every Business Owner Needs This Password Manager for Just $24.97
  • Save on Office Supplies With This $65 Costco Membership Plus a $20 Digital Costco Shop Card
Tuesday, March 17
Facebook Twitter Instagram
Indenta
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
Indenta
Home » A Reporter Returns To Her Arkansas Home To Find Why Inequality Is Complicated
Personal Finance

A Reporter Returns To Her Arkansas Home To Find Why Inequality Is Complicated

News RoomBy News RoomAugust 20, 20231 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

During a recent conversation, a business owner scoffed at all those who weren’t doing well. All it takes is effort, he said, and dismissed that anything else could be true.

There are people who struggled and fought their way out of a depressed socioeconomic background. There are also people who can run a mile in five minutes or less, easily grasp the concepts of calculus, and singlehandedly run new plumbing lines in their homes without making a mistake.

There are even relatively many such people in any one of those categories, and each group is still a small part of the population. Different people have different talents and that is when they aren’t unduly hampered from pursing them.

But the restrictions happen and make it difficult even for those with the particular talents. One of my forebearers was able to do well in a field — after changing his name and pretending to be Protestant.

Compared to many, those were easy adjustments. Journalist Monica Potts is the author of The Forgotten Girls: A Memoir of Friendship and Lost Promise in Rural America. She was born and brought up in a small town in Arkansas that she describes at length as an effective trap, keeping many young people from leaving and doing better. She got out of the area, attended a prestigious college, and became a journalist, then ultimately returned and researched to investigate why so many others didn’t move beyond the local setting, focusing on a childhood friend’s struggles.

Not that people should have to leave their homes permanently to thrive. But in this town — ironically named Clinton, which happens to be the name of perhaps the most prominent poor-kid-makes-good-more-or-less resident of the state — options are often few and far between.

The population of 2,509 according to the 2020 census, down from 2,602 the decade before, is the county seat of Van Buren County. Median household income is $38,977. Per capita income is $21,991, with 21.6% of the population living below the poverty line. The median household income in the U.S. is about $70,784, with median personal income in 2021 (most recent figures) of $37,522. Median is middle, so the number of households making more than the 55% of national household median income is equal to the number making less.

There wasn’t a single factor that locked people into lives of low expectations and results. Instead, there were many. Traditions of thinking that limitations were natural. School guidance counselors and families who assumed kids would never get much of anywhere because no one would be able to afford the cost of a big-name university, even though such schools often had far more in financial aid available. It was only a fluke that got her into a pre-college program at Barnard through a scholarship she hadn’t known existed, and only found out when she called to say she couldn’t afford to attend.

There are heavy religious attitudes that help glue people in the traditional lives in the area, massive problems with drugs, a lack of job and business opportunities, fear of the unknown, and a broad sense of giving up.

There is no single action that would make the difference: federal or state development dollars, higher minimum wage levels, a drug program, union organization, or any other thing. Too many factors have caused the conditions there, whether isolation, companies pulling out of the area with a resulting lack of jobs, drugs, or despair, to mention just a few.

This is why most programs make so little difference. As a country, we only know how to throw limited amounts of money at issues and tell ourselves that will be sufficient. Real solutions are as complex as the problems.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Builders’ blueprint to tackle the US housing crisis

Mortgage March 15, 2026

Mortgage rates rise to highest level in over a month

Mortgage March 13, 2026

Tax Day is coming: Avoid these 5 common mistakes that can cost you money

Savings March 13, 2026

Much Ado About Taxes

Personal Finance March 11, 2026

Cut Hidden ‘Vampire Power’ and Slash Your Electric Bill: Unplug These 12 Common Household Items

Savings March 10, 2026

Mortgage rates tick higher to 6%

Mortgage March 6, 2026
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

How Investing in Culture Will Help You Win the Next Decade

March 17, 20260 Views

The 11 Most In-Demand Professional Certifications You Can Get Right Now

March 17, 20260 Views

Business of Gen Z and Experiential Retail: Marine Layer, Abbode

March 17, 20260 Views

Fed to Weigh Interest Rates Amid Iran War, Potential Price Increases

March 16, 20260 Views
Don't Miss

7 Potential Income Sources Seniors Always Forget About

By News RoomMarch 16, 2026

You followed the rules. You worked hard, contributed to your retirement accounts, and finally you’re…

Every Business Owner Needs This Password Manager for Just $24.97

March 16, 2026

Save on Office Supplies With This $65 Costco Membership Plus a $20 Digital Costco Shop Card

March 16, 2026

Builders’ blueprint to tackle the US housing crisis

March 15, 2026
About Us

Your number 1 source for the latest finance, making money, saving money and budgeting. follow us now to get the news that matters to you.

We're accepting new partnerships right now.

Email Us: [email protected]

Our Picks

How to Govern AI Before It Damages Your Brand

March 17, 2026

How Investing in Culture Will Help You Win the Next Decade

March 17, 2026

The 11 Most In-Demand Professional Certifications You Can Get Right Now

March 17, 2026
Most Popular

Federal court terminates Biden-era student loan plan affecting millions nationwide

March 11, 20264 Views

A Major Tax Shift Is Quietly Reshaping Energy Decisions for Entrepreneurs

December 24, 20254 Views

The 60/40 Portfolio Is Under Threat. How to Defend It.

November 27, 20233 Views
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2026 Inodebta. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.