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News@lemmy.world · 1 month ago

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

cross-posted to:
aboringdystopia@lemmy.world

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

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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Afaithfulnihilist@lemmy.dbzer0.com
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Adjusted for inflation using an inflation statistic that does not factor in changes to the price of medical care, housing, or energy.
- Krauerking@lemy.lol
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  Adjusted for not real adjusted inflation. But like including a gameboy so it feels legitimate.

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