Yesterday I received a notice that the interest rate on the credit card I use to get a discount at the local tire shop chain has been increased to 29.999%. Holy shit!
Thankfully I only use it every 3 or 4 years when I have to get new all-weather or winter tires... and I pay it off in full immediately after I get the first bill... but this is still crazy outrageous for people who can't pay it off in full right away, isn't it? THIRTY FUCKING PERCENT?!?
And this is how poor people are made even more poor... predatory lenders. You're desperate for new tires so you can drive to work. You can't afford new tires. So you have to open a credit account to get the new tires... THEN PAY OFF A MASSIVE INTEREST RATE, which just makes you even more poor? But it's the avocado toast that's the problem. Okay. Whatever.
I am getting really sick and tired of ignorant assholes saying that people trapped in poverty are lazy or want to be poor or it's their fault. In the vast majority of cases, it's just not true. They are doing the best they can as their circumstances allow, and they don't have access to the money, connections, training, or education which allows them to find a better job and escape.
Which brings us to the Captain Samuel Vimes theory of socioeconomic unfairness...
"Take boots, for example. He earned thirty-eight dollars a month plus allowances. A really good pair of leather boots cost fifty dollars. But an affordable pair of boots, which were sort of OK for a season or two and then leaked like hell when the cardboard gave out, cost about ten dollars. Those were the kind of boots Vimes always bought, and wore until the soles were so thin that he could tell where he was in Ankh-Morpork on a foggy night by the feel of the cobbles. But the thing was that good boots lasted for years and years. A man who could afford fifty dollars had a pair of boots that'd still be keeping his feet dry in ten years' time, while the poor man who could only afford cheap boots would have spent a hundred dollars on boots in the same time and would still have wet feet." — Terry Pratchett, from his Discworld novels.
Poor people are kept poor because they live in a system which has been designed to keep them that way. Just like it's designed to keep shoveling money to millionaires and billionaires so they can even further game the system in their favor.
Usually by buying politicians so they keep making policy which benefits them exclusively.
But also by buying public opinion to convince us that poor people are lazy and deserve to stay poor.