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In your case then perhaps a cash infusion is what is needed to help. Based on my observations of poverty in the Washington DC/Baltimore regions though, in my op
by umvi 3y ago
In your case then perhaps a cash infusion is what is needed to help. Based on my observations of poverty in the Washington DC/Baltimore regions though, in my opinion cash infusions alone would not be the most effective option for combating poverty in the majority of cases.
- LoganDark 3y agoI think I agree. While I'm still not sure if a majority of poverty is a result of lack of skill/education, I do at least very much agree that if you take a random impoverished household and give them a bunch of cash, there's a decent enough chance that they won't know how to make good use of it. In other words, they'll blow it all without managing to significantly improve their situation. I also, however, wonder if maybe government assistance should be available to people who can lay out a clear financial plan, so that at least the households that could make use of that money can have it available to them. That probably could have saved us much earlier - we can afford to do the research on where we can go in order to stretch our money further (to have an acceptable standard of living, but at a less extortionary price), but we'd need a cash injection in order to make it there. Once there, though, our existing rate of income might finally have been able to break even, even if we don't manage to immediately find new jobs. Of course, if I manage to get my upcoming job, that'll save us too. It'll multiply the family income by, what, almost 6 times?