‘Anyone who has ever struggled with poverty knows how extremely expensive it is to be poor.’ James Baldwin
When you are poor you are missing major advantages held by those farther up the wealth ladder. When you borrow money, as needs must on your paltry and undependable income, you pay higher interest rates. You don’t have reserve wealth that can be invested profitably and you can’t buy property that will accrue value. But even if you did, perhaps from a small inheritance, you can’t afford investment help and wouldn’t even know to ask for it. You purchase cheaply made products because you must and they quickly fail or break down.
Even small problems become large when you have no reserves and no one to turn to for help. Everyone you know is pretty much in your situation. A health crisis, a job loss or reduction in your work hours, or failure of the family jalopy that you couldn’t afford to maintain are not just a problem, they are a crisis. There are no small problems when your bank account only contains the dregs of last week’s paycheck or last month’s government pittance. And that’s if you have a bank account at all. When you have few funds, bank fees can be unaffordable. Being poor keeps you poor.
This is not some epiphany. Much has been written about this topic and I really have nothing new to add. However, it is worthwhile to periodically repeat the facts so that those who conveniently forget them or are willfully ignorant are confronted by the truth. I write this on Christmas Day, which is the perfect time for reflection. Perhaps everyone who is willing to listen will be more thoughtful in their political positions.
Be honest. Have you never thought that poor people could easily become successful citizens — like you, perhaps — if they just applied themselves better? Wouldn’t a good start be to pay attention in school, act responsibly, get a job (even a menial one to start), and stop having babies they can’t afford? For those who have never stood in their shoes it looks a lot easier than it is in reality. And to be fair, some do follow this route, so it isn’t impossible. It’s just hard, very hard, and a certain amount of luck is involved.
It isn’t just the simple lack of funds to dig yourself out of the hole. Suppose your son reaches 16 and could now earn money to help the family cope. Anyone in the comfortable middle class can tell you why leaving school is a mistake that will doom him to repeat your sad life. But in the short run, that might sound attractive and even necessary. Yet even then it might be counterproductive. It might cause the family to lose valuable benefits, like a rent subsidy or food stamps. But who is around to guide them out of these pitfalls?
Or perhaps your son graduates high school with promise of making something out of himself, perhaps with a scholarship to a nearby college. Once again, taking the short term view, this might seem a bridge too far, with the benefits too distant to be appreciated. And so being poor, like a disease, hurts prospects and ruins lives.
Poor people learn tricks for coping with their destitution. The comedian John Cleese, who grew up poor, calls it “the family business.” You learn strategies for survival that help you get by, but which undermine any hope of ending this situation. These include skipping meals and eating cheap foods with poor nutrition, buying household articles on credit with high interest rates, using payday lenders, and removing children from school. All around you there is confirming evidence of what you learn:
• No one cares.
• Everyone seems smarter.
• People who are making it must be better than me.
• We don’t belong anywhere.
• People like us do not get educated.
• We don’t have what we need to break out of poverty.
• There is no one to help.
People learn to be poor, and this lesson sinks in and solidifies, generation by generation! Yes, being poor is truly expensive in the lost prospects, poor health and hopelessness that it engenders. This is a societal cost, and we had better recognize this and deal with it or we will have to live with the consequences to us all eventually.