A recession is a period of economic decline lasting half a year or more. In the past 20 to 30 years, policies to combat poverty have focused on encouraging work and offering benefits that directly serve children. In her book what money can"t buy, sociologist susan mayer writes that she found very little evidence to support the widely held belief that parental income has a significant effect on children"s outcomes. In the bell curve, charles murray and richard hernstein argued that it"s not poverty or education or parenting that ultimately has the most impact on children"s outcomes, but simply genes. The effects of poverty on children: there are 3 basic theories about how poverty negatively affects children, one focuses on the material deprivations caused by a family"s low socioeconomic status. Lack of nutritious food or suitable housing: one focuses on bad parenting practices that are related to low socioeconomic statuses.