pull down to refresh
42 sats \ 1 reply \ @Scoresby OP 20h \ parent \ on: The real poverty line in the US isn't $31,200: it's $140,000 - Michael Green econ
Yeah, $140k felt pretty high to me. The childcare number really is a big chunk (and one that I don't see in my own life, because we homeschool), so I wonder if it isn't closer to true for a family that does have to make that spend in order to allow their income.
As the article points out, childcare eats up most of the second income.
I often council two-income families to actually think through how much they benefit from the second income. It’s usually well under minimum wage, once all the associated costs are factored in.
reply