US Spending on Basics


by HumanProgress.org on Nov 12, 2013 | Views: 193 | Score: 1
Sources: aei.org
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HumanProgress.org
HumanProgress.org on Nov 12, 2013 3:59 PM said:

Americans' budgets spent on basics as a share of their disposable income is dropping. That means Americans have more money to spend on stuff other than necessities. This is one indication that the quality of life is getting better in the US.

Stephen Ostermiller
Stephen Ostermiller on Nov 14, 2013 8:15 AM said:

Was the dip in the 1940s because people were cutting back on the basics to fund the war effort?