Is the US Economy Dangerously Dependent on the Rich?
About this episode
The episode discusses the implications of a K-shaped economy in the US, focusing on wealth inequality and economic vulnerability.
The idea of a “K-shaped economy” has become one of the most persistent themes about the US economy: While some households continue to thrive, in particular the wealthy ones, everyone else falls further behind. On this episode of Trumponomics , host Stephanie Flanders, Moody’s Analytics Chief Economist Mark Zandi and Bloomberg Economics’ Andrew Sacher explore whether that narrative is simply another way of describing that longer-term American phenomenon of inequality — or whether it points to a deeper vulnerability. See omnystudio.com/listener for privacy information.
People in this episode
Host: Stephanie Flanders
Guests: Mark Zandi, Andrew Sacher
Topics covered
- K-shaped economy
- US economy
- inequality
- wealth disparity
- economic vulnerability
Keywords
- K-shaped economy
- US economy
- inequality
- wealthy households
- economic vulnerability
Mentioned in this episode
Organizations: Moody’s Analytics, Bloomberg Economics
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