A viral post claims $140,000 is the new poverty line. Here's the math

A popular blogger says the real poverty line for a family of four is around $140,000. There has been pushback.

The new US poverty line: $140,000

Wall Street portfolio manager Michael Green set the cat among the pigeons recently by claiming the new poverty line for a ...

1 Wall Street strategist thinks the poverty line for US families is woefully out of date. You won't believe how high he thinks it should be.

The poverty line today is still calculated based on a 1963 formula, which Simplify Asset Management's Michael Green believes ...

What are the political implications if US poverty line is actually $140,000 a year?

Financial analyst Michael Green suggests the official poverty line of $32,000 per year for a family of four in the U.S. is ...

Is $140,000 the real poverty line?

In the real world, official measures show poverty fell from 19.5% in 1963 to 10.5% in 2019, said Michael R. Strain in National Review. And over the past 30 years, inflation-adjusted wages for “typical ...
Opinion

Is the Poverty Line Really $100,000?

Affordability discourse is useless if it's not accurate, and politicians should strive to accurately describe Americans' financial realities ...

The ‘two-income trap’ is nonsense. Here’s a real problem.

Green’s Substack post delved into the well-known concepts of “the two-income trap” and benefit "cliffs.” The former is ...

What are the political implications if the US poverty line is actually $140K per year?

While lawmakers, policymakers, and President Donald Trump weigh what to do about booming prices, financial analyst Michael ...
Ohio Capital JournalOpinion

What should Ohio’s poverty line be?

What is the best way for government to measure poverty in Ohio? As some suggest using the cost of goods weighed against ...

With Poverty, Where Should America Draw the Line?

At least from a material perspective, things have never been better for many if not most Americans: Their homes are larger ...
Houston Public Media

Houston has the highest poverty rate among the biggest U.S cities, new Census data finds

Houston has a higher percentage of residents living in poverty among the largest cities in the United States, according to new data from the U.S. Census Bureau. One out of five residents — ...