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The GM plant in Janesville, Wisconsin, closed during the financial crisis in 2008, ending decades of production – and 3,000 steady, highly paid jobs. Journalist Amy Goldstein wrote about the town as the plant's workers hurried to make new lives. Her book, ‘Janesville: An American Story', won the Financial Times and McKinsey Book of the Year in 2017. This summer, Goldstein returned to town for the FT, and now joins Soumaya Keynes to talk about what Janesville lost and what it has gained in the years following the closing of the plant. To take part in the audience survey and be in with the chance to win a pair of Bose QuietComfort 35 wireless headphones, click here. Click here to find T&Cs for the prize draw.Soumaya Keynes writes a column each week for the Financial Times. You can find it hereSubscribe to Soumaya's show on Apple, Spotify, Pocket Casts or wherever you listen.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
It's been a little over a month since the unemployment benefits programs that were established by the CARES Act expired, so we're taking a look at how well they worked. Washington Post writer Amy Goldstein and Elliott Morris, a data journalist at The Economist, deliver the facts to Jessyn and Paul. Amy Goldstein is a staff writer at The Washington Post, where much of her work has focused on social policy. She is the author of Janesville: An American Story. Twitter: @goldsteinamy Elliott Morris is a data journalist at The Economist. Twitter: @gelliottmorris Further reading: Poverty fell overall in 2020 as result of massive stimulus checks and unemployment aid, Census Bureau says: https://www.washingtonpost.com/business/2021/09/14/us-census-poverty-health-insurance-2020/ Welfare rolls decline during the pandemic despite economic upheaval: https://www.washingtonpost.com/health/2021/08/01/welfare-roles-during-the-pandemic/ Why now is the time to fix the UI system: https://www.epi.org/publication/introduction-why-now-is-the-time-to-fix-the-ui-system/ The racial disparity in unemployment benefits: https://www.rand.org/blog/2020/07/the-racial-disparity-in-unemployment-benefits.html Unpacking Inequities in Unemployment Insurance: https://www.newamerica.org/pit/reports/unpacking-inequities-unemployment-insurance/introduction/ Ending pandemic unemployment aid has not yielded extra jobs—yet: https://www.economist.com/finance-and-economics/2021/08/28/ending-pandemic-unemployment-aid-has-not-yielded-extra-jobs-yet Janesville: An American Story: https://bookshop.org/books/janesville-an-american-story-9781508283966/9781501102264 Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick's twitter: @NickHanauer
Everyone’s favorite human library, Paul Constant, is back with a review of ‘Janesville, An American Story’ by Pulitzer Prizewinning journalist Amy Goldstein. Pair with a Wisconsin-brewed beer. Buy Janesville on IndieBound: https://www.indiebound.org/book/9781501102233 Learn more about your ad choices. Visit megaphone.fm/adchoices
Dr. Zach McKenney appreciates Janesville: An American Story by Amy Goldstein, calling it "a harrowing account of the human consequences of plant shutdowns and the rippling effects that they have throughout affected communities." In Janesville, Wisconsin, the nation’s oldest operating General Motors assembly plant shut down in the midst of the Great Recession. With intelligence, sympathy, and insight into what connects and divides people in an era of economic upheaval, Goldstein shows why it’s so hard in the twenty-first century to recreate a healthy, prosperous working class. "Janesville is not so much an economic treatise on deindustrialization as it is a stunning ethnography of the tragedy and resiliency of a small Midwestern town," McKenney said. McKenney is a lecturer at the University of Tennessee, Knoxville where he received his doctorate in sociology with a concentration in political economy and globalization. Music credit: "https://www.sessions.blue (Blue Dot Sessions)," CC BY-NC 4.0
One of Barack Obama’s top reads of 2017, Janesville: An American Story, traces the lives of workers and their families, and the response of public and private sectors in the wake of General Motors’ decision to close its Wisconsin assembly plant in 2008. Written by Pulitzer Prize winning Washington Post journalist Amy Goldstein, it is essential reading for “anyone who wants to understand the economy of the Rust Belt – and its implications for America’s onceproud middle class” (The Philadelphia Inquirer). The Financial Times McKinsey Book of the Year, Janesville is an intimate human account of postindustrial decline, and a meditation on the future of work. Goldstein discusses the telling of the story with Toby Manhire. Session presented with the assistance of an Embassy of the United States of America Cultural Grant.
On The Gist, the pomposity and circumstantial evidence of the State of the Union. Janesville, Wisconsin, had the oldest operating GM assembly plant in the country until 2008. The factory’s closure left thousands of employees in the lurch. Amy Goldstein’s book Janesville: An American Story describes the choices facing three families as they pick up the pieces of a busted local economy. In the Spiel, the right things to say when you’re being nuked and the right way to say them. Learn more about your ad choices. Visit megaphone.fm/adchoices
On The Gist, the pomposity and circumstantial evidence of the State of the Union. Janesville, Wisconsin, had the oldest operating GM assembly plant in the country until 2008. The factory’s closure left thousands of employees in the lurch. Amy Goldstein’s book Janesville: An American Story describes the choices facing three families as they pick up the pieces of a busted local economy. In the Spiel, the right things to say when you’re being nuked and the right way to say them. Learn more about your ad choices. Visit megaphone.fm/adchoices
When we talk about the current realities of work and how it’s changing, there’s one thing we can all agree on: to survive, learning new skills — or switching jobs entirely — will likely be essential. And as daunting as that prospect may sound, this isn’t the first time the American worker has had to adapt to get ready for the workforce of the future. With that in mind, what lessons can we learn from the Great Recession to help everyone rebound more quickly? This week, we hear from Amy Goldstein, a staff writer at The Washington Post and the author of Janesville: An American Story. Her book focuses on the closing in late 2008 of the oldest-operating GM plant in the country and how workers in the area fared in the five years that followed. One of her findings is that workers who went through retraining programs often ended up worse financially than those who didn’t. Chip and Caroline dig in to what went wrong and what lessons can be learned.
What can a president do to revive an industry in decline? Amy Goldstein, author of “Janesville: An American Story,” tells us what happens to people when factories close. Plus, Scott Paul of Alliance for American Manufacturing on how to help the industry.
WisPolitics.com's Jeff Mayers talks with Amy Goldstein about her new book "Janesville: An American Story." April 25, 2017.