uh huh, thank you vice and mr wallstreet substack poster for spreading such awareness, but where does that leave people in actual poverty?
Like there is a figure low enough for either party.
“laughable,” arguing that you can’t declare the majority of Americans impoverished because the suburbs they choose to live in are expensive, which is what Green did when he used the middle class suburb of Caldwell, New Jersey, as his median.
"My plastic surgeon said smiling is a waste of Botox, but I can't help but let out a boisterous ha cha fucking cha at the absurdity. If poor people don't want to spend so much money on cost of living they should just go live in the places nobody lives because there are no jobs or resources."
"Poor people are just so bad at managing money. That's why they have to blindly trust everything we say. We know how to spend money wisely, and we know what's best for the economy and them."
"Get out of the way Plebs! We're betting it all on AI!"
"Oh my! Well, that was unfortunate but also completely unforeseeable. I guess the only thing left to do is brush ourselves off, pat ourselves on the back for being such altruistic utilitarians, ignore the screams from the plebs and go again."
"So where's our bailout? Time is money."
Well shit thats a little Less than 3x what I make lol. 💀💀💀💀
This calculation is for a family of four. If you live alone on a single income then you're probably right about at the line
No.
Yes. If you actually read what that means.
Does a single person need $140k? No.
Does a family with kids in a city? Yes.
I read the article just fine, actually. If you actually understand what poverty means, you wouldn't make such a ridiculous claim. It'd have to be a really high cost-of-living city for that to be the case, but there are a lot of cities where a family can raise children on $140k easily. Affordability these days is difficult in general, I understand the frustration, and it's probably why people downvoted me by reflex, but creating a poverty line off cherry-picked conditions doesn't make any sense.
What is poverty to you?
The line has always been arbitrary.
when you can't pay for necessities. food, housing, clothing.
if you can afford these things. you aren't in poverty.
How much food, housing, and clothing?
If you have a family of 5 living in a 1 bedroom unit eating mac and cheese every night, they're technically housed and fed. Most people would say that's poverty though.
That's why I say the line has always been arbitrary.
depends on who you ask. depends on the size of the bedroom.
for a rich person, it would be a much higher threshold than for those who are poor. that's all about 'standards' of living.
i grew up on canned/frozen foods, and yeah ate a shitload of mac and cheese and other horrible foods. i hate plenty of calories, even if they were unhealthy. but it's what we could afford. i also only had cheap fall apart clothes. but i was never hungry, or cold. i didn't shared a bedroom, but many of my friends did. like a lot of poor people, we spent more on certain things like clothes because we could not afford nicer things that lasted longer. but where i lived... everyone was like that so it wasn't a big deal.
most of my peers where i live now, think i grew up in poverty, because they grew up much wealthier. i've been on first dates where the person lecture me how my parents were irresponsible to have me if they could not afford to pay for my college or buy me a new car at 16, etc. i usually laugh at their absurdly high standards, but to them it is a 'bare minimum' and anyone who doesn't have those things shouldn't exist.
for a family of 5 living in a 1 bedroom eating shitty food, any minor improvement would feel like a huge success. but waht rich people don't get about poor people is they tend to appreciate that they aren't homeless and starving, and don't really have a concept of nicer/healthier food because it doesn't exist in their social peer group. i never ate healthy food until i got to college because it was the first time in my life it was ever available to me. nobody in my rural working-class down ate that stuff, just like we didn't go to live performances, own luxury cars, or a ton of other stuff.
The answer is NO, it's not. However, to be completely fair, I've bookmarked the "supporting materials" to give it a review later when I have a little more time.
As someone who grew up in a family actually straggling the poverty line, there's simply 0% chance that any family anywhere in this country is living in poverty with that kind of income. It's well above what most households are bringing in, and while there may be a limited subset of circumstances where that money isn't sufficient, that's not what poverty is.
And I read through some of the comments in this thread -- Assuming they've come from real humans not pushing an agenda, it makes me ashamed to be associated with those people.
and while there may be a limited subset of circumstances where that money isn’t sufficient, that’s not what poverty is.
bingo. where i live everyone thinks they are in 'poverty' because they can't afford luxuries like expensive cars, expensive vacations, and luxury housing. they are not anywhere near true poverty. but since most grew up wealthy/middle class, they think they are.
as someone who grew up lower-class, it blows my mind how poor most people are with money, and how they blame society rather than their own budgeting skills. i know people who make 40K a year who spend 10K a year traveling, and then cry poor.
No, it’s not. Having to use a budget and not spending whatever you want on anything you want at any time is not poverty. Fuck off with this.
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