U.S. GDP grew at a 4.9% annual pace in the third quarter, better than expected

Re:U.S. GDP grew at a 4.9% annual pace in the third quarter,... by hfhdjdks on Thursday October 26, 2023 @12:52PM (#38028317)

>but if I had to choose a country to get ahead in life with the most opportunities possible as an immigrant

The USA is pretty bad (compared to most rich / developed countries) in general at giving opportunities to the broader population. Check the studies on intergenerational mobility to see that the USA ranks pretty badly there. It's not surprising to me given the inequality of the education system and how segregated it is (in terms of social class, parent educational level, etc).

You bring an interesting point though: "as an immigrant". Maybe the USA IS pretty good at giving opportunities to certain kind of immigrants (even if it isn't for the broader population). I haven't seen any study about it, but I'm sure there are analysis.

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Re:U.S. GDP grew at a 4.9% annual pace in the third quarter,... by kjfdslakj on Thursday October 26, 2023 @12:56PM (#38028386)

Care to cite/summarize some of the studies?

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Re:U.S. GDP grew at a 4.9% annual pace in the third quarter,... by SJetKaran on Thursday October 26, 2023 @03:54PM (#38030905)

https://www.brookings.edu/articles/raj-chetty-in-14-charts-b...

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Re:U.S. GDP grew at a 4.9% annual pace in the third quarter,... by refurb on Thursday October 26, 2023 @08:30PM (#38033347)

The flaw in these social mobility studies is they don't account for absolute incomes.

You can go from the lowest to the 2nd highest quintile in the US and be better off than the lowest to the highest in Canada.

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