Venkatesh Rao@vgr·Mar 15, 2015Question: which US socioeconomic class has the most *discretionary* income to spend in *aggregate*? http://investopedia.com/terms/d/discretionaryincome.asp…21
nikete@nikete·Mar 15, 2015Replying to @vgr@vgr not sure how to map socioeconomic class to income distributions, but the top quintile of the distribution takes 1/2 of all income.1
Venkatesh Rao@vgrReplying to @nikete@nikete I suspect, discretionary income follows a different distribution from all income.12:38 AM · Mar 15, 2015
nikete@nikete·Mar 15, 2015Replying to @vgr@vgr it is more highly concentrated at the top, so the top quintile quite likely has much more than 1/2 of all discretionary income...1