A family-of-four needs to earn over $100,000 a year just to maintain a 'minimal' quality of life in the land of the American Dream - yet less than half US households can afford to reach that threshold.
A recent study by the Ludwig Institute for Shared Economic Prosperity explored what it takes for Americans to maintain a 'minimal quality of life' (MQL) - defined as the ability to afford basic necessities like housing, food, healthcare and modest leisure activities.
But the results revealed that the bottom 60 percent of households across the country fall far short of the income needed to reach even the baseline.
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