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News@lemmy.world · 15 hours 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 · 15 hours 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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paraphrand@lemmy.world
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10 hours ago
So we should just sprawl out huh? That’s just making unsustainable towns.
- Fluffy Kitty Cat@slrpnk.net
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  8 hours ago
  Also Suburbia isn’t that much cheaper, especially these days. It’s just worse. Rural areas are cheaper but you have lower wages that offset that so it’s not even like you could just move out to Nowhere County anymore

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