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News@lemmy.world · 12 hours 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 · 12 hours ago

cross-posted to:
[email protected]

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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BeeegScaaawyCripple@lemmy.world
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3 hours ago
I mean, we’re poor but we make less than half that just outside San Francisco. Honestly we’re doing okay. We don’t get any of the luxuries my parents had at our age, but we have smartphones so we can never get away from anything!

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