3 ms·

I don't know how you came up with that statement. It certainly does not reflect reality unless you don't count Sweden, Germany, Canada as part of the western wo

I don't know how you came up with that statement. It certainly does not reflect reality unless you don't count Sweden, Germany, Canada as part of the western world. >Individual studies have estimated absolute mobility rates for recent cohorts of roughly 50% in the US (Chetty et al. 2017), 53% in Canada (Ostrovsky 2017), 70% in Germany (Bönke, Harnack, and Luthen 2019; Stockhausen 2018), and 77% in Sweden (Liss, Korpi, and Wennberg 2019). From https://www.ifau.se/globalassets/pdf/se/2020/wp-2020-11-trends-in-absolute-income-mobility-in-north-america-and-europe.pdf https://www.ifau.se/globalassets/pdf/se/2020/wp-2020-11-tren...

dismalaf 1y ago
> It certainly does not reflect reality unless you don't count Sweden, Germany, Canada as part of the western world. Look at this chart: https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=CA-US https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?location... Look at the divergence from the US. Canada's GDP per capita is barely above 2013 levels (~4%), meanwhile the US' is 60% higher. Wages in Canada have been stagnant, there is NO social mobility at all, it's completely fucked. Where I came up with this statement? Actually knowing things about economics and following the CURRENT numbers. Not a 2017 study (which probably took a couple years and using data from 2015 or earlier) which is completely worthless in 2025.