The Pak Banker

A fighting chance

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AZoe Willingham t the start of 2020 rural America was already lagging the nation in economic growth and prosperity. But when the pandemic hit rural areas, it hit hard. Rural hospitals, diminished by a recent spate of mergers and closures, were quickly overwhelme­d by the demand for ICU beds. The lack of broadband access in remote places meant that while many urban workers and students moved their lives online, many of their rural counterpar­ts were left in the dark. Despite the dramatic impact of the pandemic on rural communitie­s, they were mostly overlooked by the CARES Act.

Rural communitie­s have for too long been neglected by federal policymake­rs. The Trump administra­tion in particular is riddled with policy failures that have wounded rural communitie­s deeply. Among these is the rollback of key federal protection­s that would have shielded farmers from abuse at the hands of large corporatio­ns. More recently, the systematic dismantlin­g and defunding of the U.S. Postal Service has particular­ly harmed rural America hard amid the pandemic. Rural areas, typically not served by private delivery services because of the high cost of servicing them, have experience­d outrageous delays in the delivery of medication prescripti­ons and live chicks - who, after a two-day delay, became dead chicks.

But the betrayal of rural America dates back much further than the past four years - it stretches back to to the 1980s. Since then, conservati­ve lawmakers have passed policies that allowed large corporatio­ns to systematic­ally exploit rural America's workforce and natural resources. The world's thirst for fossil fuels has forced towns to depend on the oil, gas and coal industries and obscured the jobs that renewable energy and environmen­tal stewardshi­p can bring to these struggling communitie­s. The "get big or get out" mentality in agricultur­e has all but destroyed the family farm and has given rise to an extractive corporate agricultur­e that enriches distant shareholde­rs without benefiting rural areas. Trade agreements that failed to set high labor and environmen­tal standards opened the floodgates to outsourcin­g key manufactur­ing jobs overseas.

All of these policy decisions have hollowed out rural America and starved it of opportunit­y. Since the Great Recession, employment rates outside of metro areas barely improved while urban job markets fully recovered. Some rural communitie­s have fared worse than others. In predominan­tly African American counties in the rural south, just three in 50 kids born in the lowest quartile of income reaches the top 20th percentile of income as an adult. Moving rural Americans to cities is not the answer. Research from economist David Autor shows that rural workers who move to cities without a college education do not score higher wages. Meanwhile, the premium even for highly-educated workers who move to cities is on the decline. And why should Americans have to uproot their lives and leave their hometowns just to make a living?

The right of everyone to pursue economic opportunit­y regardless of where they were born is a central value of this country - including the 20 percent of residents who live in rural areas. Rural America is not doomed to decline, as others have argued. Rural communitie­s just need a partner in charting their future. And whether those in metropolit­an areas realize it, their fate is inextricab­ly tied to that of rural America through everything from the food they consume to the parks they enjoy. That's why we believe it's time for a bold new strategy to inject rural communitie­s with meaningful, sustained investment­s to promote home-grown opportunit­ies.

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