The Poverty Line In America Is Now Over $100,000?!?
From The Desk Of Anthony Pompliano·2025-12-02 18:15
What if I told you that the poverty line shouldn't actually be at $31,000 a year. Instead, it should be at $140,000. That is the conclusion from a brand new piece from Mike Green.So, here's what he wrote. If we look at how the poverty line is actually calculated, the formula was developed by Molly Orch. And the whole idea was that she observed that families spent roughly onethird of their income on groceries.Since pricing data was hard to come by for most items, if you could calculate a minimum adequate foo ...