[0x0nyandesu]

Laymen versus technical. If I'm talking to a random person on the street I'm gonna say disposable. But yes I mean discretionary. My discretionary income is still huge. Well over 50% of my paycheck. It's also not even fair to say though because it's still my choice to have upgraded my living situation. Sure I'm locked in now but I could sell my house and downgrade at any time and my discretionary will go up.

[supermatt]

Unfortunately, your confusion is endemic of the problem with government statistics using disposable income as an indicator of prosperity, and is even being quoted by others in this thread. Indeed, you likely googled "historical disposable income" to back up your statement - which is exactly the problem with using the incorrect term.

I wont make the comparison to 100 years ago (as you did) because that was a period of time including 2 world wars and the great depression., But adjusted for inflation, people generally have LESS discretionary income now than they did in the 60s. Again, this is hard to corroborate with official poverty statistics due to changes in the cost of living (and conversely, the provision of benefits such as food stamps), which are frequently petitioned to be amended.

Over 12% of americans have such low discretionary income they have to rely on food banks - a figure comparable to the 1970s.

10x more people in the UK are accessing emergency food from food banks than they did 10 years ago.

It is a terrible state of affairs, to be honest. Please dont use disposable income :)

[0x0nyandesu]

I'm not confused lol. In America homes are just bigger now than they used to be. You can still go small though. No one said you had to take on a huge mortgage. That's why discretionary is a bad metric to use.

[supermatt]

I see, so people are in poverty because their houses are too big...

Maybe you should check your privilege. Your 50% discretionary income is FAR from the norm.

Median income is less than 45k (gross - this means before tax, etc) - than means 50% of the population earn LESS than that. 25% earn less than 24k. 10% earn less than $9k...

These people cant afford a small house, let alone a big one...

[0x0nyandesu]

Lol this is hacker news. I could care less what you think about my privilege. It's hilarious that you're assuming my so-called privledge when my family came to the USA with almost nothing. I'm not here to be your little social justice pawn while you make assumptions.

Just to be clear so there's no ambiguity. I don't care about the poor in america. I seriously could care less. My entire family immigrated to the USA in the 90s and none of them are poor. They all self made themselves into upper middle class lives within 20 years. Meanwhile Americans born in America with every advantage and privilege just whine all day and want more more more for nothing.

Also sick and tired of constantly having social justice internet warriors tell me I'm privileged when I'm literally self made from zero. It's not privileged when you work your way up from fast food to six figures tech work. that's called "earning" things. Please learn the difference.

[supermatt]

you are privileged.

[0x0nyandesu]

No one cares about your little opinions