Fox News Admits the “Real” Poverty Line Is $140,000 and Trump’s System Is Crushing the Working Class
mrsandthemisc.com·9h·
Discuss: r/Economics
🏛️Political Economy
Preview
Report Post

NEW YORK — It is rare for the quiet part to be said out loud on Fox Business, a network that typically measures the health of the American family by the performance of the S&P 500. But in a viral segment that has left social media reeling, the carefully curated illusion of the “Biden-Trump economy” cracked wide open.

In a segment on Making Money with Charles Payne, guest Mike Green, Chief Strategist at Simplify Asset Management, dropped a statistic that seemed to suck the air out of the studio: The “real” poverty line for a family of four in America—if you measure it by the ability to afford the middle-class basics of decades past—is no longer $31,000. It is $140,000.

The admission offered a stark validation of what millions of Americans have felt but have been told to ignore: …

Similar Posts

Loading similar posts...