Why America’s 'K-Shaped' Economy Is Here To Stay

I have some bad news for you. America's k-shaped economy is here to stay. If you haven't heard that term yet, well, it's a fancy way of saying the rich get richer and the poor get poorer.It pretty much describes the country's worsening inequality gap. Economies can be classified in a few different ways as they rebound from a recession. Economists have widely agreed that the US has been in a K shape coming out of the pandemic.I've been writing about this for a few years. The K-shaped recovery explains how hi ...