Economist who popularized ‘K-shaped economy’ warns one key factor is being overlooked that is creating a ‘sea of despair’ for low-income Americans

At the bottom, this mindset develops where they recognize that they may never win, but that doesn't mean, ‘I can't help you ...

Does the U.S. have a 'K-shaped economy'? What it means for you.

Upper-income Americans are doing better, while low- and moderate-income households are falling behind. Why does that matter?