U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Recession

Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by mullingitover on Wednesday April 29, 2020 @03:22PM (#23023068)

Sharing anecdotes about pulling yourself up by your bootstraps doesn't change the fact that the biggest predictors of your life outcomes are your parents incomes and your zip code.

[ Parent | on HN ]

Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by JoeAltmaier on Wednesday April 29, 2020 @03:24PM (#23023088)

{citation}

[ Parent | on HN ]

Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by mullingitover on Wednesday April 29, 2020 @03:35PM (#23023216)

"Parental Income Has Outsized Influence on Children’s Economic Future"

https://www.pewtrusts.org/en/about/news-room/press-releases-...

"Your ZIP Code Might Determine How Long You Live—and the Difference Could Be Decades"

https://time.com/5608268/zip-code-health/

"New U.S. Census Bureau Research Maps the Roots of Social Mobility"

https://www.census.gov/newsroom/press-releases/2018/opportun...

[ Parent | on HN ]