News@lemmy.world · 2 months 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 · 2 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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2 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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