Wall Street strategist Michael Green caused a stir on social media last week with his outlandish claim that the federal poverty line should be raised to cover individuals earning as much as $140,000 ...
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Is $140,000 the new poverty line for American families?
In late November 2025, Michael W. Green, chief strategist and portfolio manager at Simplify Asset Management, published a ...
A Wall Street portfolio manager has gone viral with a blog post that posits a new poverty line for a family of four in America: $140,000 a year. It’s a large number. The Federal Poverty Level set by ...
The claim that a family needs six figures just to avoid poverty sounds like a provocation, but it is rooted in a detailed attempt to price out a very ordinary American life. A Wall Street strategist ...
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