Trump has made our K-shaped economy even worse | Steven Greenhouse

While wealthy Americans hail a booming stock market, the rest of us worry about rising inflation and people struggling to make ends meetIn case you’re not familiar with the concept of the K-shaped economy, it’s an important idea that captures a lot about Trump’s America. Wealthy Americans are represented by the line of the K that angles sharply upward to the right, while the line of the K that dips downward represents non-rich Americans and the difficulties they face.The economy’s K-shape has been growing worse in recent months, in large part because of Donald Trump’s policies. The wealthy people’s line is climbing further upward, while the line for the non-wealthy – the vast majority of Americans – has fallen further. Continue reading…

While wealthy Americans hail a booming stock market, the rest of us worry about rising inflation and people struggling to make ends meetIn case you’re not familiar with the concept of the K-shaped economy, it’s an important idea that captures a lot about Trump’s America. Wealthy Americans are represented by the line of the K…

While wealthy Americans hail a booming stock market, the rest of us worry about rising inflation and people struggling to make ends meetIn case you’re not familiar with the concept of the K-shaped economy, it’s an important idea that captures a lot about Trump’s America. Wealthy Americans are represented by the line of the K that angles sharply upward to the right, while the line of the K that dips downward represents non-rich Americans and the difficulties they face.The economy’s K-shape has been growing worse…