From what I read at the link below that doesn’t seem to be the case. They took a baseline of the poverty threshold in 1978 and adjusted for inflation every year. However that line seems to have been set suspiciously low to begin with.
Those are some ridiculously low numbers… So to be considered in poverty, you have to earn less than 26k jointly for a household of 3. I don’t think you’d have a house for a household at all at that amount. Barely. Making ends meet with just food, actually you’re probably going hungry every other day at that amount.
From what I read at the link below that doesn’t seem to be the case. They took a baseline of the poverty threshold in 1978 and adjusted for inflation every year. However that line seems to have been set suspiciously low to begin with.
https://aspe.hhs.gov/topics/poverty-economic-mobility/poverty-guidelines
Those are some ridiculously low numbers… So to be considered in poverty, you have to earn less than 26k jointly for a household of 3. I don’t think you’d have a house for a household at all at that amount. Barely. Making ends meet with just food, actually you’re probably going hungry every other day at that amount.