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b_b  ·  1471 days ago  ·  link  ·    ·  parent  ·  post: The fading American dream: Trends in absolute income mobility since 1940

That's an interesting graph in that it seems to indicate that real median household income can predict a recession. Do they have data going back further than mid 80s? N of 3 isn't super convincing, but sure is intriguing.