Discretionary Spending
topic on 2 shows · 2 statements across 2 episodes
the Neon Show 
Capital Allocators
2 statements about Discretionary Spending, every show
Sarin: $2,000 Per Capita Income Is Society's Inflection Point For Discretionary Spending
“Whenever a country's per capita income has crossed 2000 dollars, That economy, that's the inflection point for the economy, because what happens is still 2000 dollars per person, that society is in a survival mode. Whatever you're earning, you are just kind of…”
U.S. entitlement to discretionary spending ratio will hit 5:1 within a decade
“Because in 1970, the country spent the same amount on entitlement spending As it did on all of the rest of the non-entitlement discretionary spending. And so that one to one ratio became one and a half to one, then two to one. And now it's three to one, and it…”