Sign up to save your podcasts
Or
Share Affordability vs. the Poverty Line
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Affordability vs. the Poverty Line
An essay went viral by claiming that $140,000 is what a family of four needs to just get by — a number higher than what 70% of American households earn. Conservative economists called it idiotic. Kathryn dismissed it and got a nasty DM. What’s the real controversy? It’s not that the poverty line is misleading. It's that we have no measure for our current affordability crisis. And the American mindset has been so warped by decades of bad economic policy that we think the only way to get help is to prove that we’re poor.
END NOTES:
Kathryn on Money with Katie (at min. 35)
Watch video clips from this episode at the Optimist Economy YouTube channel.
Follow us on Instagram at @optimist_economy.
Follow us on TikTok at @optimist_economy.
Read some stuff on our Substack.
Consume leisure in an O.E. hat or shirt: https://merch.ambientinks.com/collections/optimisteconomy
Support us and our tireless editors and producers by donating: https://optimisteconomy.com
And send your economic questions, concerns, or executive orders: [email protected]
View all episodes
By Kathryn Anne Edwards and Robin Rauzi
5
683683 ratings
An essay went viral by claiming that $140,000 is what a family of four needs to just get by — a number higher than what 70% of American households earn. Conservative economists called it idiotic. Kathryn dismissed it and got a nasty DM. What’s the real controversy? It’s not that the poverty line is misleading. It's that we have no measure for our current affordability crisis. And the American mindset has been so warped by decades of bad economic policy that we think the only way to get help is to prove that we’re poor.
END NOTES:
Kathryn on Money with Katie (at min. 35)
Watch video clips from this episode at the Optimist Economy YouTube channel.
Follow us on Instagram at @optimist_economy.
Follow us on TikTok at @optimist_economy.
Read some stuff on our Substack.
Consume leisure in an O.E. hat or shirt: https://merch.ambientinks.com/collections/optimisteconomy
Support us and our tireless editors and producers by donating: https://optimisteconomy.com
And send your economic questions, concerns, or executive orders: [email protected]
More shows like Optimist Economy
View all
Amicus With Dahlia Lithwick | Law, justice, and the courts
3,528 Listeners
Pivot
9,737 Listeners
Pod Save America
87,927 Listeners
Interesting Times with Ross Douthat
7,246 Listeners
The Bulwark Podcast
12,744 Listeners
Strict Scrutiny
5,822 Listeners
The Prof G Pod with Scott Galloway
5,629 Listeners
The Ezra Klein Show
16,510 Listeners
The Weekly Show with Jon Stewart
11,004 Listeners
The Money with Katie Show
1,542 Listeners
Offline with Jon Favreau
2,327 Listeners
On with Kara Swisher
3,530 Listeners
Letters from an American
6,289 Listeners
Prof G Markets
1,473 Listeners
Raging Moderates with Scott Galloway and Jessica Tarlov
1,522 Listeners