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News@lemmy.world · 14 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 · 14 hours 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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ChokingHazard@lemmy.world
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13 hours ago
Yes. The people saying no are no longer temporarily embarrassed millionaires but temporarily embarrassed middle class. Have or have not, and 140k is have not given inflation, healthcare, education, food, rent/mortgage, energy etc.

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