Is the US economy really K-shaped?

Imagine a graph with one line going up over time. Below it, another line does just the opposite. It kind of looks like the letter K. The FT’s Claire Jones and Rob Armstrong break down why people are saying that letter represents the state of the economy and what it means for the White House.Mentioned in this podcast:Does the K-shaped economy theory even make sense?Email Marc with your questions ([email protected])Sign up for the FT’s Swamp Notes newsletter hereSwamp Notes is hosted by Marc Filippino and produced by Henry Larson. This week’s show was mixed by Sam Giovinco. The FT’s acting co- head of audio is Topher Forhecz. Special thanks to Pierre Nicholson. The FT does not use generative AI to voice its podcasts.CREDIT: Bloomberg, PBS, CNNRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.