Story thread · 2 reports / 2 sources

Bessent said the K-shaped economy 'is over.' Here's what financial experts say

pbs.org · 2hShare

At a time when many Americans remain stressed about affordability, Treasury Secretary Scott Bessent has declared that the U.S. economy is no longer in a "K shape," a term used to describe increasing financial inequality between high- and low-income households.

First report: Scott Bessent Says America's 'K-Shaped' Economy Is Dead, But Robert Reich Fires Back With a McDonald's Warning: 'Very Much Alive, Even CEOs are Admitting It's a Problem' — finance.yahoo.com, 2d