Hispanic Fanatic

For a moment, let’s travel back to those innocent days of 2012.

The country had just reelected Barack Obama, overt racism was on the decline, and the idea of building a wall on the Mexican border was laughable. Also, the only people who had ever heard of Stormy Daniels were lonely guys planted in front of a computer.

Yes, those were the days. Life was carefree.

But let’s also remember those conservative psychics in 2012 who predicted the end of America and record unemployment. Recall those GOP deep thinkers who said Obama would confiscate everyone’s guns, institute socialism, and more or less “morph into a radical Third World Soul Brother Number One.”

Yes, it’s clear now that none of the scary things that were supposedly inevitable in Obama’s second term actually came to pass. And of course, conservative pundits have since acknowledged how wrong they were and apologized for their fear-mongering.

Ha-ha… no.

In any case, the point is that the worst for Obama never happened. At no point have liberals had to sheepishly admit, “I guess the Republicans were right, and the guy was a Kenyan-born communist all along.”

In contrast, let’s look at some of the predictions for Trump’s presidency, which were made just over a year ago. The more extreme ones (e.g., that we would be living in a dictatorship on the verge of Hunger Games mania) were always unlikely to come true.

But what about those commentators who said racists would be emboldened? Well, even the most pessimistic of us probably didn’t think hundreds of Nazis would proudly march down the streets in broad daylight, confident that the president would be ok with it.

And what of the prediction that the Trump Administration was riddled with novices and crooks who would damage our institutions and set off a wave of corruption? That’s gone down.

Remember people who were concerned that Trump was an insecure amateur who had no idea how to remotely act presidential? I’m pretty sure that was spot on.

How about the idea that Trump would damage our international standing, cede leadership to other nations, offend our allies, and more or less make America a big, fat joke? Well, do you need to ask?

What about the prediction that Trump would drag American discourse into the gutter? Or that racial animus would get worse? Yeah, those things have happened too.

And of course, what about the concern that Trump would roll over and play dead for Putin, or that the Russia investigation would weigh down the administration like a huge, dead albatross made of lead? Hey, those turned out to be safe bets.

About the only predicted event that hasn’t happened is an economic meltdown, and the guy seems determined to pull that one off too.

Again, the worst for Obama never came true.

But many of our fears about a Trump presidency have already happened, barely a year into this nightmarish ride.

In theory, at some point conservatives will have to say, “OK, you kooky progressives were right. Trump is an unqualified idiot who has caused massive harm to this nation, and we cheered him on, much to our eternal shame.”

However, by the time that happens, the country will be so far gone that no one will feel any satisfaction or relief over that belated admission.

At least, that’s my prediction.

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.