So if you think that the poverty line should be delineating that income below which a household is subject to major systemic risks and has no clear path to retirement, it does appear that the poverty line as currently defined is wildly inaccurate.
If you rule of thumb just looking at $2k/mo housing and $2k/mo for health insurance for four, it implies that a living wage for such a household is some number well above $60k, and potentially as high as $105k w/ my napkin math. This, IMO, suggests that there is a level of accuracy to the article, even if the $140k it suggests is high.
If you rule of thumb just looking at $2k/mo housing and $2k/mo for health insurance for four, it implies that a living wage for such a household is some number well above $60k, and potentially as high as $105k w/ my napkin math. This, IMO, suggests that there is a level of accuracy to the article, even if the $140k it suggests is high.