The correlation is in literally the opposite direction as what you claim. How do you reconcile these facts with your assertion?
Its very easy to make an incorrect correlation like this when you are using faulty data like the FPL.
All it takes two seconds to find out the poverty line in the US is literally just 3 times the monthly minimum spend for food for one person. That doesnt factor in the extreme inflation on housing, medical, student debt, utilities, phone plan costs, taxes, etc. While food prices are inflated they are not nearly as inflated as the other areas critical to survival which are not calculated for the reporting of offical poverty figures. Once you actually account for all of this and look at what percentage of the population fails to meet basic needs you get to a more staggering 43% of the US living in poverty and even thats a rough estimate due to missing data points that might make it higher.
Its very easy to make an incorrect correlation like this when you are using faulty data like the FPL.
All it takes two seconds to find out the poverty line in the US is literally just 3 times the monthly minimum spend for food for one person. That doesnt factor in the extreme inflation on housing, medical, student debt, utilities, phone plan costs, taxes, etc. While food prices are inflated they are not nearly as inflated as the other areas critical to survival which are not calculated for the reporting of offical poverty figures. Once you actually account for all of this and look at what percentage of the population fails to meet basic needs you get to a more staggering 43% of the US living in poverty and even thats a rough estimate due to missing data points that might make it higher.
https://www.brookings.edu/articles/how-many-are-in-need-in-the-us-the-poverty-rate-is-the-tip-of-the-iceberg/#%3A~%3Atext=Forty-three+percent+of+all+families+in+the%2Cfamily+budgets%2C+versus+37%25+of+white+families.