K-Shaped Economy: Thriving vs. Struggling

The podcast episode explores the concept of a K-shaped economy, where different parts of the economy are moving in opposite directions. This term is used to describe the current economic landscape where some are thriving while others are falling behind. The episode delves into the confusing economic signals, such as solid overall economic growth but slow job creation and rising prices. It also highlights the ongoing worries about affordability, which disproportionately affects middle and lower-income families. The episode features Peter Atwater, an economics professor who popularized the K-shaped label during the pandemic, and discusses how this concept accurately reflects the uneven recovery and ongoing economic disparities. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.