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by kongolongo
1456 days ago
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There's a very consistent definition for what that means with plenty of papers and institutions that use use roughly the same definition. Here's one phrasing of it by the OECD[1]. Basically it's just income minus taxes, what part of that is remotely vague? Discretionary income might be an even better measure but that has more wiggle room on defining what is a necessity and not. https://data.oecd.org/hha/household-disposable-income.htm
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Its literally just money after taxes, and most people are living paycheck to paycheck