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Some interesting ideas here, and in the parent comment. I'll admit to being fairly naive when it comes to economics. With that in mind, when I started this thre
by Alex63 16y ago
Some interesting ideas here, and in the parent comment. I'll admit to being fairly naive when it comes to economics. With that in mind, when I started this thread I was thinking about whether it mattered that the discretionary income of those in the upper quintiles was growing faster than those in the lower quintiles, as long as all quintiles have discretionary income. I agree that being able to buy a TV is not the same thing as being able to house/clothe/feed your family. In light of this discussion, I'm now thinking it would be helpful if the charts showed how poverty (which I will define to mean unable to house/clothe/feed your family) has increased/decreased during the same period.