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News@lemmy.world · 16 hours ago

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

cross-posted to:
aboringdystopia@lemmy.world

147

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

return2ozma@lemmy.world to

News@lemmy.world · 16 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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Socialism_Everyday@reddthat.com
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2 hours ago
How much is your rent, if it’s not too much to ask?
- BeeegScaaawyCripple@lemmy.world
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  36 minutes ago
  we live with family, maintain the property and shit. that’s our rent. given our locale it comes out to about 15k/yr net we’re saving.
  - tym@lemmy.world
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    15 minutes ago
    probably should have put that in your original comment tbh. You implied one can make it on ~$70k near SF as if your bills were 1:1

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