You’ve missed the point and doubled down on missing it. The 3x metric was right in 1963, but 3x food is still the same metric used to calculate the poverty line. Food has increased by inflation sure, but as the author says, food doesn’t account for 3x the household budget, instead of 33% it’s more like 7 percent. So the poverty line is way off.
The author then goes on to highlight issues with getting from the current poverty line which is mitigated by government subsidies, to that actual poverty line where you need to put in significant extra effort while seeing no actual gains until you reach it.
You’ve missed the point and doubled down on missing it. The 3x metric was right in 1963, but 3x food is still the same metric used to calculate the poverty line. Food has increased by inflation sure, but as the author says, food doesn’t account for 3x the household budget, instead of 33% it’s more like 7 percent. So the poverty line is way off.
The author then goes on to highlight issues with getting from the current poverty line which is mitigated by government subsidies, to that actual poverty line where you need to put in significant extra effort while seeing no actual gains until you reach it.