News@lemmy.world · 1 month ago

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

www.vice.com

cross-posted to:
aboringdystopia@lemmy.world

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

www.vice.com

return2ozma@lemmy.world to

News@lemmy.world · 1 month 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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ingeanus@ttrpg.network
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1 month ago
It’s mentioned in the substack article that for a single individual his calculations place the poverty line around 50k, while 140k is for a family.

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