Excellent read. Presents a powerful case that the basis of the poverty line established in the early 60s if applied today would mean the poverty line for a family of four isn’t $31,200 but more along the lines of $140,000.
We’ve been looking at the poverty line all wrong for decades now…
- Thread starter RickyGQ
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Excellent read. Presents a powerful case that the basis of the poverty line established in the early 60s if applied today would mean the poverty line for a family of four isn’t $31,200 but more along the lines of $140,000.
the cac mamba
Veteran
i'm gonna go with somewhere between those two numbers. a couple with 2 kids pulling down 140k a year is not "impoverished" in 80% of the country
Idk man. It explains why the election went the way it did to me. Everybody is struggling more than we (as a society) realize.
the cac mamba
Veteran
i just can't get behind that number. outside of major cities, in the vast majority of the country, a family of 4 living on 140k a year is not "impoverished" unless they spend money like absolute dikkheads
that's like 8 thousand a month after taxes. even if you have a 3k mortgage; that 5k doesn't leave you in "poverty"
The breakdown used in the piece:i just can't get behind that number. outside of major cities, in the vast majority of the country, a family of 4 living on 140k a year is not "impoverished" unless they spend money like absolute dikkheads
that's like 8 thousand a month after taxes. even if you have a 3k mortgage; that 5k doesn't leave you in "poverty"
the cac mamba
Veteran
i guess i can understand "i can't afford a comfortable middle class lifestyle" being the poverty line. but you would have to come up with a new word for actual poverty 
88m3
Fast Money & Foreign Objects
i guess i can understand "i can't afford a comfortable middle class lifestyle" being the poverty line. but you would have to come up with a new word for actual poverty
You know it's okay to admit you don't have a lot of skin in the game instead of being a prick
I mean, he did. “What we think is the poverty line is actually starvation.”i guess i can understand "i can't afford a comfortable middle class lifestyle" being the poverty line. but you would have to come up with a new word for actual poverty
Wargames
One Of The Last Real Ones To Do It
That feels realistic
choc_cardigan
Squad
Fascinating article
Taking away all of the racial problems from that time and currently, our striving for shareholder value really fukked up this country. We fukked up the bag.
I talk to younger coworkers about this type of stuff all of the time. And my wife and I had a depressing convo recently while seeing our youngest’s math teacher working a second job at Bath and Body Works.
Instagram has warped people’s minds about “poverty"
MOST people are doing fine. They may not be thriving, which is a different topic
MOST people are doing fine. They may not be thriving, which is a different topic
The voice of the GOP. Your lack of empathy is a defining characteristic.
My wife took a part time job at a retail store out of boredom and for the discount, and was stunned to find out how much debt everyone was in who worked there. They make much less than us and probably have quadruple the debt.Taking away all of the racial problems from that time and currently, our striving for shareholder value really fukked up this country. We fukked up the bag.
I talk to younger coworkers about this type of stuff all of the time. And my wife and I had a depressing convo recently while seeing our youngest’s math teacher working a second job at Bath and Body Works.
What’s hilarious is the writer of the article is clearly right leaning. At best he’s a staunch moderate.