Hispanic Fanatic

A friend of mine once cut up her credit cards and closed her accounts because, she said, “those pieces of plastic are evil.”

I thought this was a bit overly dramatic (she was that type of person). I also thought it was convenient to blame her chronic debt on inanimate objects rather than, say, her nonexistent self-control and materialistic tendencies.

In any case, we all know people who live beyond their means, and it’s true that many individuals teeter on the edge of bankruptcy because of their shopping addictions or love of new shoes or willingness to fly first-class to Italy for the hell of it.

But a recent study has found that when it comes to Hispanics, living large is often not the reason for going into the red. The study found that almost half (43%) of Latinos who have credit card debt depend on the plastic to pay for basic living expenses. And a significant chunk of the rest are using credit cards for tiny splurges at best.

So if Latinos are not slapping down credit cards on impulse buys and charging luxury items, why are they in so much debt?

Well, Hispanics report that the main reason for their debt is the loss of a job, and they’re more likely than other groups to say that medical costs also contributed to their financial issues.

The researchers theorize that because Latinos lost so much of their wealth in the Great Recession, they’re having trouble restocking checking or savings accounts. So putting basic items or medical expenses on credit cards often seems to be the only option.

This, of course, sucks. But as is often the case, the survey also found that Latinos are more optimistic than the overall population. So they’re more confident about paying down their credit card debt quickly.

This optimism, which borders on delusion, leads to some interesting contradictions.

For example, another poll found that almost half of Latinos (49%) said they were worried that someone in their household might become unemployed soon. Yet the same survey found that almost three-quarters of Latinos (73%) are optimistic about their finances and future opportunities.

Frankly, that’s a bizarre balancing act of fear and hope.

But maybe these results just show that Latinos are still jumpy about their financial status, years after the economic meltdown. The Great Recession so ravaged Hispanic households that many Latinos are leery about declaring that the worst is over.

At the same time, Latinos tend to be more optimistic than other groups about their future. The main reason for this positivism seems to be the immigrant mindset. Many Hispanics remember struggling in their home countries, or they hear the harrowing tales of their parents. As such, these Latinos usually have more faith in the American system and a stronger belief that their financial situation will improve.

We should all really, really hope they’re right.

I don’t make New Year’s resolutions. Still, it’s always a good idea to reflect, and to pinpoint areas for personal growth and good stuff like that. So in 2015, I will try to be more patient and less quick to anger.

Of course, we Latinos are known for our fiery tempers. We’re also known for being excellent lovers, great artists, and unemployed… well, some stereotypes are more positive than others.

The point is that I know my temper is not the best. But it apparently pales in comparison to some of my fellow Latinos. And that is part of a larger problem.
You see, ethnic minorities in general are often portrayed as overly emotional and aggressive. Just look at the stereotype of the angry black woman.

Now, if we are angrier, it may be because we have more to be hostile about. Just look at the economic data, or the quality-of-life statistics, or, I don’t know, the trend of us getting shot more often.

But there’s something more going on here, besides justified anger. It is in the best interest of the establishment to portray minorities as angry, unreasonable, and illogical. After all, it is a lot easier to dismiss someone’s grievances if that person is always flying into rages over every little thing, or if she/he perceives every minor slight as a major injustice.

And being dismissive is a most effective tactic. Think of how many issues have been erased with the offhand remark that it was all just so much misplaced fury and political correctness.

By the way, I’ve written before, nothing has been PC since the 1990s, and this lazy rebuttal no longer means anything. I mean, some people believe that being against torture is PC — and how crazy is that?

But I digress. The point is that whenever Latinos, or any minority, complain about an injustice or societal problem, there will be plenty of people who offer a smirk and the calm, apparently reasonable explanation that we are just being angry because we’re, you know, prone to volatility and irrational behavior.
Earlier this year, when President Obama declined to address immigration reform before the midterms, we heard how many Latinos were in an eye-popping rage. It was an easy concept to Google.

Or to present a less politically charged issue, consider the case of Banditos, a San Francisco restaurant. When Hispanic leaders pointed out — calmly and respectfully no less — that the name was a negative stereotype, the owners agreed and changed the name.

But message boards decried the apparent appeasement to angry Latinos, and many people vowed never to eat there unless it changed its name back. The irony, of course, is that the angriest, most threatening people in the whole situation were the ones screaming that Latinos are unreasonable and demanding. But the label will not stick to them like it does to us.

So what can we do to avoid appearing perpetually hostile?

Well, if I knew that, I wouldn’t be so annoyed nonstop.