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News@lemmy.world · 17 hours ago

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

cross-posted to:
aboringdystopia@lemmy.world

154

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

return2ozma@lemmy.world to

News@lemmy.world · 17 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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BeeegScaaawyCripple@lemmy.world
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2 hours 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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  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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