Is $140,000 the New Poverty Line for Americans?

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cross-posted to:
aboringdystopia@lemmy.world

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Is $140,000 the New Poverty Line for Americans?

www.vice.com

return2ozma@lemmy.worldBanned from community to

News@lemmy.world · 5 months ago

cross-posted to:
aboringdystopia@lemmy.world

A Wall Street portfolio manager made an argument for a $140,000 poverty line for American households. Does it hold water?

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Fluffy Kitty Cat@slrpnk.net
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5 months ago
That number is for a family of four. Could you imagine trying to pay today’s costs to raise a family of four? You would basically need six figures

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