4 ms·
Please don't quote "average" numbers for anything unless you also have the std. deviation listed too. Otherwise it is meaningless and misleading. In addition,
by PaulDavisThe1st 3y ago
Please don't quote "average" numbers for anything unless you also have the std. deviation listed too. Otherwise it is meaningless and misleading.
In addition, this is the definition:
> "The US Disposable Personal Income per Capita indicates American household income net of taxes for each person."
This number doesn't reflect costs in any way at all. It isn't "disposable income" as most people would use it for day to day conversation i.e. the amount left after I've paid all my fixed costs (and possibly some non-fixed costs like food).
- ch4s3 3y agoThe claim was "No one has extra money to travel and stay in AirBnBs". Americans on average have plenty of money to do so. You're just arguing with the BEA definition of disposable income... which I guess is a perspective, but IMHO not a useful one. We could look at real household median income, which is also up https://fred.stlouisfed.org/series/MEHOINUSA672N https://fred.stlouisfed.org/series/MEHOINUSA672N.
- PaulDavisThe1st 3y ago> The claim was "No one has extra money to travel and stay in AirBnBs". (emphasis mine) If income increases, but fails to increase enough to match a parallel increase in expenses, the "extra money to travel and stay in AirBnBs" has gone down.
- ch4s3 3y agoThis is insanely pedantic, you must be a blast at parties. But, income has almost been tracking inflation. So plenty of people have extra money for travel.