Comment on What even is money at this point
Aedis@lemmy.world 1 day agoAnd the poverty line hasn’t been adjusted since the 60’s iirc. No president wants to be the one that tells everyone we have so much more poverty now!
Comment on What even is money at this point
Aedis@lemmy.world 1 day agoAnd the poverty line hasn’t been adjusted since the 60’s iirc. No president wants to be the one that tells everyone we have so much more poverty now!
Sarcasmo220@lemmy.ml 1 day ago
From what I read at the link below that doesn’t seem to be the case. They took a baseline of the poverty threshold in 1978 and adjusted for inflation every year. However that line seems to have been set suspiciously low to begin with.
aspe.hhs.gov/topics/…/poverty-guidelines
Aedis@lemmy.world 22 hours ago
Those are some ridiculously low numbers… So to be considered in poverty, you have to earn less than 26k jointly for a household of 3. I don’t think you’d have a house for a household at all at that amount. Barely. Making ends meet with just food, actually you’re probably going hungry every other day at that amount.