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News@lemmy.world · 3 months 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 · 3 months 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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gustofwind@lemmy.world
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3 months ago
uh huh, thank you vice and mr wallstreet substack poster for spreading such awareness, but where does that leave people in actual poverty?
- TubularTittyFrog@lemmy.world
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  3 months ago
  vast majority people in actual poverty spend their lifetime in poverty. about 10% make it out, mostly via education for gifted kids.

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