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by istjohn 389 days ago
Median disposable household income is higher in the US than anywhere else in the world [0]. Real median personal income has increased 50% since the 1970s [1].

0. https://en.m.wikipedia.org/wiki/Disposable_household_and_per...

1. https://www.noahpinion.blog/p/globalization-did-not-hollow-o...

1 comments

What’s your point? All of the things I listed have far outpaced income and disposable income.
"disposable" income means "subtracting necessities like housing" so if disposable income is going up, by definition your claim cannot be correct
Officially, disposable income means income minus taxes. Lots of people assume it means minus necessities like housing and food, but that is discretionary income.
That's not correct.

From the article:

> Note that this includes taxes and transfers, including in-kind transfers like government-provided health care.

So excluding housing, health insurance and student loan repayments etc.