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Reply to "Are you better off than you where 2 years ago?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I’m in the good part of the K. The revolution is coming though.[/quote] What does this mean?[/quote] K shaped economy. “Experts describe the current U.S. economy as "K-shaped," a reference to the divergent fortunes of wealthier consumers compared with people lower down the ladder. The upward-slanting stroke of the "K" represents the ongoing trend of strong spending and healthy income growth among upper-income Americans. By contrast, the letter's lower-slanting stroke points to the multiple financial strains facing low- and middle-income people, from stubborn inflation and prohibitively expensive homes to surging credit card debt and high health insurance costs” Not a huge fan of cbs, but here is a link : https://www.cbsnews.com/news/k-shaped-economy-low-middle-high-income-households/[/quote]
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