Is the K-shaped economy really over?

The K-shaped economy has become shorthand for an economy where higher inome Americans pulled further ahead in their wealth, spending, and financial security. While many lowerincome households struggled to keep up, Treasury Secretary Besson says the economy looks more like a C as the gap between income groups begins to close. Bank of America Institute data shows after tax wage growth for lowerincome households, the yellow line there, accelerated in July, surpassing higher inome households, that's the orange ...