A popular blogger says the real poverty line for a family of four is around $140,000. There has been pushback.
A prominent strategist contends that the real "poverty line" for a family of four is $140,000, not the official threshold of $32,150. Created in the 1960s, the formula used to calculate the poverty ...
“Our entire safety net is designed to catch people at the very bottom, but it sets a trap for anyone trying to climb out. As ...
The poverty line today is still calculated based on a 1963 formula, which Simplify Asset Management's Michael Green believes ...
Affordability discourse is useless if it's not accurate, and politicians should strive to accurately describe Americans' ...
Michael Green’s call to expand the poverty line to $140K reignites a debate over what economic strain really means today.
Financial analyst Michael Green suggests the official poverty line of $32,000 per year for a family of four in the U.S. is ...
Green’s Substack post delved into the well-known concepts of “the two-income trap” and benefit "cliffs.” The former is ...