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

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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