(I personally don't mind subsidizing my library + local school district... good schools and libraries are good for the community)
You're less likely to see sick people.
Healthy people are more productive (you'll have better businesses)
Healthy people are nicer (especially if we consider mental health, and then violence)
Healthy people use the ER less.
The professor noticed it (presumably via seeing poor "show your work") and gave zero points on the question to everyone. And once you went to complain about your grade, she would ask you to explain the answer there in her office and work through the problem live.
I thought it was a clever and graceful way to deal with it.
Because if this is true, it's massive. And it explains so much - starting with why everyone feels the economy is broken.
(And Medicare, even without additional supplements would have significantly better health outcomes than 1960s)
And if you take the average social security benefit being $48k per household/year, subtract those 2 expenses, either the $31k poverty line is way off or social security is way off
Poverty doesn’t mean you can only afford bare minimum stuff and can’t take any vacations or buy luxuries. It means you are struggling.
People in poverty do not have childcare costs, or healthcare, or even housing and transportation (they could be homeless or live with relatives, and either take buses, walk, bike, or get some kind of free ride to work)
Food is truly the only thing people really need. For that, the original amount seems accurate.
Ridiculous to say $100k is the new poverty line. Get a grip.
But re the "people in poverty don't have" a few caveats, in comparison to the 60s, "public" transportation is generally of lower availability and higher priced, single earner households were the norm, and housing was cheaper (addressed).
And while <$100k is pointed to as the line of dimished marginal benefits, in the context of the US median household income being $66k is an indictment of a broken system.
Saving people and a local healthcare force are fringe benefits, accounting wise.
Same with credit card rewards, they're not paid for by the bar, they're paid for by volume at the bar, debit/cash transactions, and the savings on cash controls, and the people that can't payoff their credit card bill.
I was in a mates car recently and it scared the hell out of me, he was tail gating for most of a 3 hour journey. Eventually we got to a bit with chevrons and he wasn't obeying the rule staying N chevrons away from the car in front. I told him and he replied "nonsense, my car beeps if I'm too close to the car in front" I didn't have the energy to point out that is a collision warning not a safe distance measurer type device.