Overview

Downwardly Mobile is a data-supported, sociopolitical memoir that chronicles one family's devastating fall from riches to rags. Set in suburban Chicago, it follows a well-resourced white family whose lives unravel after concurrent job losses, multiple insurance-denied medical claims, and the fallout from the 2008-09 market crash strip away their life savings, leaving them on the jagged edge of homelessness. As the years pass and stable employment remains out of reach, rising taxes further erode what little remains. In a moment of desperation, the husband secretly activates a $100,000 home equity line of credit they cannot repay. This betrayal becomes a breaking point, threatening to unravel the marriage and fracture the family's foundation. Amid hardship and uncertainty, the family discovers what matters most: faith, family, friendship, and, above all, love. Together, these prove more enduring and valuable than any form of financial security. Timely, relevant, and deeply personal, Downwardly Mobile speaks to anyone who has struggled to stay afloat in the face of economic hardship. It will resonate with parents navigating job loss, families making sacrifices for their children, and anyone who has believed in the promise of the American dream, only to see it tested by reality.

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9781977281388

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Reviews

""The highly readable and entertaining Downwardly Mobile is something of an epitaph for the American dream. The author exposes through her unrelenting and almost improbable career, health, financial and family setbacks, how hard-working Americans are often punished for ""playing by the rules."" Meanwhile, health insurers, employers, educational institutions and government programs often reward and entitle the opposite: indolence, lack of effort and apathy. Downwardly Mobile is a must read for anyone who has been beset by negative financial and social circumstances despite their best efforts. It is not your imagination says the author; the system is rigged."" Martha Rosenberg Health reporter and author https: //www.amazon.com/stores/author/B007CRBU4O/about?ccs_id=d50ffcb1-7aec-4ad9-96b3-ac5b42707a79

Author Information

Jane Vermeulen is a former urban planner and writer for the Chicago Tribune and for assorted Eastern Seaboard business publications. She splits her life between the Appalachian Mountains and Southwest Florida where she lives with her current husband and three rescue cats.

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