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The real American household poverty line isn’t $31,200, it’s around $140,000. (www.yesigiveafig.com)

submitted 1 month ago by fake_meows@sopuli.xyz to c/collapse@lemmy.zip

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The threshold household income where a family can afford housing, healthcare, childcare, and transportation without relying on means-tested benefits is a lot higher than the official stats suggest.

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[–] humanspiral@lemmy.ca 4 points 1 month ago

great piece worth reading in full. It's well argued but it is based on "average spending". Some tips:

In the Snowpiercer economy, children are to be eaten, not heard. babies taste best. Savings: $2700/month.

$1200/month transportation is argument for bikes.

Big part of post is about "welfare cliffs", and divisive hatred directed below (above?) from those who fall off the cliffs, by earning more than a magic number.

UBI/freedom dividends is an extremely important reform, not just to eliminate homelessness, but all of the cliffs that prevent incentives to work harder and keep gains from working harder. Whether freedom dividends are $12k or grow to $24k+, it should be viewed as help to everyone, and more help than existing programs that can be eliminated.