Re:America Is Regressing into a Developing Nation for Most P...
by dx87 on Saturday June 22, 2019 @03:27PM
(#20251249)
If it's disposable income, it doesn't matter if you put it in a pile and set it on fire, or choose to do home renovations. The fact that it's disposable means that it's left over after all of your necessities are taken care of.
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Re:America Is Regressing into a Developing Nation for Most P...
by masklinn on Saturday June 22, 2019 @03:31PM
(#20251274)
No, the disposable income is just income after taxes. You're thinking discretionary income.
Which would probably a better point of comparison as disposable income is greatly skewed by how necessities are taken care of (aka how much is handled by the state — and thus through taxes — versus left to the individual).