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News@lemmy.world · 1 month 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 · 1 month ago

cross-posted to:
[email protected]

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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SantasMagicalComfort@piefed.world
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1 month ago
That doesn’t even buy a single politician.
- AdolfSchmitler@lemmy.world
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  19·
  1 month ago
  I thought I heard Sam Bankman-Fried say he was surprised at how little it cost, it was like $50k or something.
  - gdog05@lemmy.world
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    1 month ago
    State level politicians are like $5k-$10k. Shockingly cheap but you do need to buy most of the set.

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