Trump's K-Shaped Recession, Kevin O'leary's Inflation Warning And More: This Week In Economy

As we approach the end of the year, the economic landscape has been anything but predictable. From contrasting recoveries to inflation warnings and a growing wealth gap, here’s a roundup of the weekend’s top stories.
Biden Boom Vs. Trump Freeze: Paul Krugman Says We Traded Pro-Worker Recovery For K-Shaped Recession
Renowned economist Paul Krugman has raised an alarm, suggesting that the U.S. has swapped the inclusive, pro-worker recovery of the Biden era for a stratified “Trump freeze,” resulting in a new K-shaped economy where the wealthy thrive while the working class lags.
In his analysis, Krugman challenges the notion that economic inequality is an unchangeable constant in American life, citing Atlanta Fed data that shows ...