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News@lemmy.world · 1 month ago

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

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

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News@lemmy.world · 1 month ago

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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DagwoodIII@piefed.social
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1 month ago
“Entitlement?”

Back in 1960, minimum wage was $1.00/hour and the average US home was $11,000.00

A brand new high school graduate could be a homeowner in a decade.

Please explain to me how anyone wanting to be able to live like that is ‘entitled.’

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