Tag: upper class

All You Need Is… Wait, You Need More Than That

In the realm of simplistic nonsense, few ideas are more insidious than the claim that you don’t need money if you just, well, love each other a whole lot.

hugging

This sentiment has lived on despite the well-documented fact that the number-one cause of marital tension is money. It also ignores the overwhelming financial stresses that clobber poor people every day.

And as for how poverty affects children, well, the data is just too depressing to mention.

And now a study has verified what we all suspected, which is that a family’s income level is a better indicator of the overall well-being of children than other factors. The research “cuts against the grain of oft-stated public opinions on traditional family composition,” which is a nice way of saying that being married doesn’t matter much when it comes to raising kids. Having bucks is vastly more important.

For example, the study found that just 9% of children from the lowest income bracket go on to earn college diplomas. But 77% of children raised in the top quarter of income eventually graduate college.

Take a look again at those numbers. They basically say that if you come from a poor family, you almost certainly won’t go past high school. But if your parents are somewhat well-to-do, you have a great shot at snagging at least a BA.

The researchers believe that richer parents — whether they are married, divorced, or single — can afford to provide their kids with certain advantages, like the best pre-schools, trips abroad, and extracurricular activities.

Hispanic parents often do not have the financial ability to offer their children such resources. So while our strong familial bonds help kids develop into responsible adults, it is no match for the dollars that rich people can spend on their offspring, who will almost inevitably do better in life.

Of course, a rugged individualist is bound to say, “Tell those lazy Latinos to work harder and get out of poverty.”

And this brings us back to simplistic nonsense.

You see, another study says that roughly two-thirds of low-income Latino children have at least one foreign-born parent. This isn’t surprising, as recent immigrants are often poor. But what’s interesting is that low-income Hispanic children are also more likely to have at least one employed parent, compared to other low-income children. This means Latino immigrant parents are more likely to fall into the category of the working poor.

So Hispanics, especially immigrants, are already working harder than many poor people. And yet they are still broke.

The study points out that poverty hits Latinos disproportionally. In addition, poverty often plays out differently in Hispanic households, in that the influence of extended family and community is stronger, which can be an asset.

However, it can also be a hindrance, in that low-income Latino homes often have different structures than the general population. For example, low-income Hispanics may have to set aside money for elderly parents or for remittances back home, which can cut into funds for childcare.

The study also found that among Latino children with a foreign-born parent, just 36% live with parents who are married. But of course, that doesn’t matter much, does it?

 


No Relaxing Allowed

As I’ve written before, we Hispanics are known for our fierce work ethic.

Think of immigrants slaving away at grueling tasks that native-born Americans refuse to do. Or consider that last year, “the number of Latino entrepreneurs grew more than white, black, and Asian entrepreneurs.”

Yes, we sure like to work. It’s unfortunate, then, that so many Hispanics who reach old age have nothing to show for it. This is because “fewer than half of … Latino workers have retirement plans on the job, leaving the vast majority of them with no savings designated for their golden years.”

hammock

To continue reading this post, please click here.

 


Move Over

As I’ve mentioned before, I live in an LA neighborhood that features both apartment buildings with working-class residents and million-dollar mansions. Again, I am much closer to one end of that scale than the other (I will let you guess which).

In any case, the mixed character of my neighborhood may be doomed. According to one study, “the percentage of American families living in middle-income neighborhoods dropped to 42 percent in 2009 from 65 percent in 1970.” Basically, more people are packing up and moving to one end of the spectrum (i.e., very wealthy or very poor), and “the growing physical separation of the rich and poor is hastening the decline of middle-class neighborhoods and could make income inequality even worse.”

moving co

In essence, this is the new segregation, but along class lines rather than strict ethnic boundaries. Of course, those two concepts are strongly linked, so it’s really just racial segregation again, but not as overt and with a twenty-first-century twist.

But keep in mind that “the growing divide has been especially striking in the country’s black and Hispanic communities, where the rich and poor of each racial group are dividing from one another at a pace far quicker than in the white community.”

I suppose this means that I have to start packing.

 


The Difference

As we careen, cartwheel, and plummet into the finale of this interminable election season, one refrain we hear many times is that Republicans and Democrats are one and the same.

Indeed, there is ample evidence that both parties are indebted to big business and the status quo. And as Latinos know, Obama’s original immigration policies weren’t much of an improvement over Bush’s approach.

Still, there are differences between the two men running for president— besides the fact that one is a communist Kenyan and the other is a money-grubbing fascist (hey, that’s what the internet told me).

 

For those who have inexplicably not paid attention, Obama is pro-choice, while Romney is pro-life. Obama is against the death penalty, while Romney is fine with it. The president has come out in support of gay marriage, while Romney believes marriage is a straights-only deal. And Obama doesn’t share Romney’s opinion that the US government is inherently inept, corrupt, and/or evil.

I have to admit, those seem to be fairly large differences to me.

Even progressive icon Daniel Ellsberg, no fan of Obama, thinks the president is substantially different from Romney.

So who are the people yelling that Obama and Romney are clones? I mean, besides Lupe Fiasco?

Well, there are true believers who think a leftist or libertarian chief exec is a possibility (it’s not). Then there are self-proclaimed radicals who dismiss the entire American system as corrupt or bourgeois or just plain icky. And finally, there are voters who simply say, “It don’t matter none.” 

But of course it does matter. And for Latino voters, it’s crucial.

Hispanics are the least likely ethnic group to have health insurance, a situation that the infamous Obamacare may alleviate.

On immigration, Obama has endorsed the Dream Act (belatedly, of course), while Romney is still trying to explain how self-deportation would work.

And when it comes to economic policy, Romney’s tax cuts would benefit the upper classes, which are not exactly awash in Latinos. Keep in mind that according to some experts, Romney “cannot deliver all the tax cuts he promised to the wealthy without raising taxes on the middle class.” One can presume that Hispanics will not be among the direct beneficiaries of his tax plan.

However, perhaps some Latinos still believe that it doesn’t matter who wins. Well, think back to those distant days of 2000, when Bush was elected. At the time, many Americans voted for Nader because Gore and Bush were apparently too similar. Therefore, we have to assume that under President Gore, the September 11 attacks, the Great Recession, and FEMA’s horrific response to Hurricane Katrina would have all occurred. Those are rather huge assumptions, to say the least.

But the Iraq War, an obsession unique to neo-cons, certainly would not have happened. So for the families of 4,500 dead US soldiers, there was at least one fundamental, very real difference between the candidates.

By the way, approximately 500 of those soldiers were Latino.

 


The End is Here

There’s a new horrifying sign that America is on the decline.

I’m not talking about the chaotic state of our politics, or the struggling economy, or even the fact that half of us refuse to acknowledge basic scientific facts.

I’m referring to the recent implication that white conservative guys can’t casually throw around racial slurs anymore. Truly, it’s a sign of the apocalypse.

To continue reading this post, please click here.

 


Remember, Envy Is a Deadly Sin

“There’s class warfare, alright. But it’s my class, the rich class, that’s making war. And we’re winning.”

—Warren Buffett

Eat the rich!

—Aerosmith

In Manlio’s Argueta’s gripping novel, One Day of Life, soldiers of a repressive Central American government beat and abuse poor villagers. The peasants’ crime, as one militaristic thug puts it, is that “they don’t love the rich.”

It’s a rather harsh reaction to expressing displeasure with the ruling class. We haven’t come to that in the United States, at least not yet.

Still, the concept of class warfare, invoked primarily by right-wing politicians, holds that middle-class and poor people are simply jealous of rich individuals, or that they are being riled up to hate the wealthy.

To continue reading this post, please click here.


  • Barrio Imbroglio (An Abraxas Hernandez Mystery Book 1)
  • Calendar

    January 2018
    M T W T F S S
    « Dec    
    1234567
    891011121314
    15161718192021
    22232425262728
    293031  
  • Share this Blog

    Bookmark and Share
  • Copyright © 1996-2010 Hispanic Fanatic. All rights reserved.
    Theme by ACM | Powered by WordPress