Magazine uses Albany's economic struggles to address recovery from recession

Magazine uses Albany's economic struggles to address recovery from recession

ALBANY, GA (WALB) - A national magazine is using Albany's economic struggles to highlight some serious problems with the country's recovery from the recession.

These empty buildings show times are still tough here.  Dougherty County had the sharpest spike in poverty between the start of the recession and 2010. Kai Wright spent two years investigating why.

Wright's article for Harper's is titled "What Recovery? Two Years in a town where the Great Recession never ended." Between 2007 and 2010, Albany's poverty rate jumped 12 points to 39 .9 percent and has gone even higher since then.

Wright interviewed business owners and residents still having financial trouble long after the national recession ended. He also talked the former owner of Bob's candies about their difficult choice to sell to an investment group that moved the business to Mexico.

" The poverty that you see in Albany and other places is a consequence of generations where the specific political and corporate choices. We decided to concentrate capital into a handful of owners. We decided to give people incentives to move away from Albany and into China and Mexico," said Kai Wright.

Wright also looked into the reasons why Cooper Tire closed its Albany plant and the impact that had here.

The article is currently available online and will be featured in the August issue of Harper's that will hit newsstands a week from today.

You can read the full article here.

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