The Economy Is Forked
MACROECONOMICS · LABOR · COST OF LIVING
The U.S. economy exhibits a K-shaped
recovery pattern, where gains
concentrate among higher earners
while many workers.
An hourglass economy—with all the
sand rushing to the top.
I read everything Paul Krugman
writes. Today he wrote about our
K-shaped economy, and I knew exactly
what he meant. It’s the moment you
flinch at the total in your grocery
cart, quietly decide to skip dinner
out, and then scroll past headlines…
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