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

Key points

• In 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.
• Viewed another way, the K-shaped economy is all about income and wealth inequality, and those are growing palpably worse under Trump.