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Optimist EconomyAuthor: Kathryn Anne Edwards and Robin Rauzi
Economist Kathryn Anne Edwards and co-host Robin Rauzi talk about the fundamentals of the economy and how to build a better future one problem and solution at a time. Our premise is that the United States has a remarkable economy and yet for tens of millions of Americans it is not performing up to its potential. It could be more open to aspiring workers, less hostile to change, safer for workers, less risky for retirees, and so on. Support the podcast at: optimisteconomy.com Ask questions or share your economic worries with us at: optimist.economy@gmail.com Language: en Genres: Government, Society & Culture Contact email: Get it Feed URL: Get it iTunes ID: Get it Trailer: |
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Affordability vs. the Poverty Line
Episode 2
Tuesday, 3 February, 2026
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: The essay in question: Part 1: My Life Is a Lie - by Michael W. Green, What economists thought: Viral essay says $140,000 should be the new poverty line - The Washington Post ; Cato: The $140,000 ‘Poverty Line’ Is Laughably Wrong, So Why Does It Feel Right? ; AEI: How Not to Redefine Poverty How U.S. poverty measures actually work: Two Ways the U.S. Census Bureau Measures Poverty to Capture Clearer Picture of Poverty in America 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/optimisteconomySupport us and our tireless editors and producers by donating: https://optimisteconomy.comAnd send your economic questions, concerns, or executive orders: optimist.economy@gmail.com
