Despite rising wages, 61% of Americans are still living paycheck to paycheck

Re:Despite rising wages, 61% of Americans are still living p... by yladiz on Thursday February 17, 2022 @03:06PM (#30377985)

Sure, but most families don’t make that much money so it’s kind of a false dilemma and so I disagree that “paycheck to paycheck” is rendered meaningless because in many cases discretionary spending simply can’t just increase because there is little left after the nondiscretionary money is spent.

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Re:Despite rising wages, 61% of Americans are still living p... by zamfi on Friday February 18, 2022 @02:19AM (#30382989)

I think you missed my point, as it’s not about the amount of money. Unless your claim is that 61% of Americans simply cannot move to a location with cheaper rent, or eat less expensive food, my point is that nondiscretionary spending also captures fluctuates with discretion, and that’s not captured here.

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