When Poverty Isn’t What It Seems The U.S. federal government currently defines poverty for a four-person household as $32,150 , according to the Department of Health and Human Services. But a debate ignited last week after Michael Green—Chief Strategist and Portfolio Manager at Simplify Asset Management—argued that the true threshold should be more than quadruple that number . A Number Frozen in Time The poverty line we reference today has roots in the 1960s , when Preside
