

He remembers the gas being shut off and his family home being foreclosed on.

Growing up in a small town in Arizona, Desmond learned firsthand how economic insecurity could impact a family's stress level. But what else do you call trying to raise three kids in Portland on $55,000?" "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. "There's plenty of poverty above the poverty line as a lived experience," Desmond says. But Princeton sociologist Matthew Desmond says neither that statistic, nor the federal poverty line itself, encapsulate the full picture of economic insecurity in America. population - about one in nine people - lived below the federal poverty line in 2021. In 2021, approximately 11% of Americans lived below the federal poverty line. An unhoused individual sleeps under an American flag blanket in New York City on Sept.
