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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?

return2ozma@lemmy.world to

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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1 month ago
If $140,000 is the poverty line can I please make poverty wages?
- Jyek@sh.itjust.works
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  1 month ago
  This calculation is for a family of four. Please read more than the headline and comments.
- Triasha@lemmy.world
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  If my wife and I both made 70k I think we could comfortably raise 2 kids.
  
  As is? We would need some serious help.

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