Does the Definition of Poverty Need to Change?

It seems an increasing number of Americans are finding it harder to see "the light at the end of their financial tunnel."

• Everything costs more, and the necessities of life have increased in number.
• It seems the cost of living is rising faster than the cost of living it up.
• Everything from housing to childcare to the electric bill is taking a bigger chunk out of the household budget.

This begs the question: is it time to redefine what poverty means in the United States?

In this week's Trading Perspectives, Sam Clement and John Norris discuss the recent struggles many Americans are having. Is there any hope for improvement? Or do we need to redefine what success looks like?