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Comment by jacob2484 | Hacker News Reader

Note that in Europe the economies are not as dynamic and has lower GDP growth on average. There are costs to higher taxes and more regulations. We're not exceptional, things are done differently.

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I always have to remind myself of our glorious GDP growth as I use food stamps to buy groceries after clocking out of a 12 hour shift at Walmart.

Well, that GDP growth technically means you have a better opportunity to trade up in the USA than anywhere else in the world, if you apply yourself, get yourself trained, etc. you want to make people believe that these career choices are impossible to escape and they really aren’t.

> than in anywhere else the world

This is definitely not true.

https://en.m.wikipedia.org/wiki/Socioeconomic_mobility_in_th...

It certainly is true, but academics who want to conduct sophistry can use the metric that gives them the answers they want. Comparing USA to Denmark using in-country income percentiles gives Denmark a much lower bar to hop over for this BS "social-mobility" as defined in the article.

You can also use whatever metrics you want, and you haven't even gone to the effort of defining them!

Here's one: use USA percentiles for both countries. Or use Denmark percentiles for both. Only when you use a high bar for US and low bar for Denmark do they come out on top.

This may have more to do with the US not getting blown up during WW2, and the US being the largest single market(in the sense that everyone speaks the same language, has same culture, comparable laws everywhere etc.). And less to do with good policies.

>This may have more to do with the US not getting blown up during WW2

It's been 80yr and Japan and Korea are doing fine.

The USSR basically force created a large single market over the course of its existence. If it was such a net win for prosperity the economic would have stuck around.

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