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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (49095)11/25/2025 6:56:11 PM
From: Les H  Respond to of 49783
 
Is the Real 'Poverty Line' $140,000 a Year?

Story by Diccon Hyatt

Key Takeaways
  • 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 threshold does not accurately reflect the realities of modern household budgets, the strategist says.

One analysis contends that a family of four is below a meaningful "poverty line" if they earn less than $140,000 per year, far more than the official federal threshold of $32,150.

fox news real poverty line is $ 140,000 - Search

Over 60 years, that's the difference between an inflation rate of 4.1 percent and 6.6 percent. That seems almost right for how much they've cheated on the CPI and demonstrates how much money can be diverted elsewhere from programs indexed to grow with the inflation rate.