Michael Tubbs: Lack of Cash
on Wednesday, April 14, 2021Michael Tubbs Money Quote saying the cause of poverty is a shortage of cash, not dysfunctional people. Michael Tubbs said:
“At the root of poverty is lack of cash. It’s lack of capital, and that some of the dysfunction that we see associated with poverty are the effect and not the cause. So, yes, folks should learn how to manage money. But folks need money to manage first” — Michael Tubbs
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In this quote, former Stockton Mayor Michael Tubbs is addressing the root causes of poverty. He suggests that at its core, poverty stems from a lack of money and access to capital, not other factors often blamed. Tubbs implies that without first obtaining funds, people cannot properly learn financial management skills. His view is that money problems are usually an effect, not cause, of impoverished conditions imposed by lack of wealth.
Overall, the quote portrays Tubbs advocating for direct cash assistance to empower individuals with means first, before expecting self-sufficiency through budgeting alone. He seems to argue poverty solutions must tackle its fundamental economic realities, not just its perceived social consequences.