Private opulence, public squalor: How the U.S. helps the rich and hurts the poor
Over 11% of the U.S. population — about one in nine people — lived below the federal poverty line in 2021. But Princeton sociologist Matthew Desmond says neither that statistic, nor the federal poverty line itself, encapsulate the full picture of economic insecurity in America.
"There's plenty of poverty above the poverty line as a lived experience," Desmond says. "About one in three Americans live in a household that's making $55,000 or less, and many of those folks aren't officially considered poor. But what else do you call trying to raise three kids in Portland on $55,000?"