Back
28· Cooling
Economics3h 42m ago
The K-shaped economy has become shorthand for a tidy story. The rich pull away while everyone else falls behind.
Archive Window: 7 Days Left
U.S.
Who
Lance Roberts via RealInvestmentAdvice.com
What
The K-shaped economy has become shorthand for a tidy story. The rich pull away while everyone else falls behind.
When
Fri, 12 Jun 2026 17:00:00 GMT · 3h 42m ago
Where
U.S. ·
Why
The middle class is shrinking because millions of households climbed into higher brackets, not because they slid into poverty.
The Frontline Impact
How this affects you
This reframes the narrative of economic inequality, suggesting that while wealth concentration is a concern, income mobility in the U.S. has been largely upward for the past fifty years.
Story chain
3 events in this thread- Economics3h 42m agoThe K-shaped economy has become shorthand for a tidy story. The rich pull away while everyone else falls behind. It fits the mood, and it makes for a sharp headline. The problem is that it’s mostly wrong. When you pull the actual Census data, the dominant move of the last half-century isn’t down. It’s up. Yes, the middle class is shrinking. But it’s shrinking because millions of households climbed into higher brackets, not because they slid into poverty.Open article
- Currently Reading3h 42m agoThe K-shaped economy has become shorthand for a tidy story. The rich pull away while everyone else falls behind.
- Economics3h 42m agoThe K-shaped economy has become shorthand for a tidy story. The rich pull away while everyone else falls behind.Open article