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RE: I don’t know what a “K-shaped” economy is

In simple terms, A K‑shaped economy is a way of describing an economic situation where different parts of the economy are moving in opposite directions at the same time — one group is doing well, while another is struggling.

So, Why is it called “K” shaped?

Look at the letter K, with one arm going up and the other going down.

If you graph the performance of these two groups over time, the lines diverge — one going up, the other going down — much like the two arms of the letter “K”.

In simple terms:

Upper “arm” of the K: Certain sectors, industries, or people (often higher‑income households, asset owners, or in‑demand professions) are experiencing strong growth, rising incomes, or increasing wealth.

Lower “arm” of the K: Other sectors, industries, or people (often lower‑ and middle‑income households, service workers, or those in declining industries) are seeing stagnant wages, falling incomes, or rising costs.

These two paths happen at the same time in the same economy, so the overall picture is split rather than uniform.

I hope this helps.

I'm dismayed to look up celebrities and politicians net worth and find they gained multiple millions of dollars while contributing basically nothing to advance the nation, culture or future. It's as if George Carlin was right - that it's a big club and we ain't in it, no matter how more talented and competent we are.

It's especially egregious with politicians lasting beyond two terms. One obviously "plays ball" (regardless of party label) or you end up shut out short of resources and having to pack it in. If you Play Ball - "reaching across the aisle" to help enemies pass tax-thieving legislation - you get to live another round while thrown bones like offshore investment havens and sure-fire stock picks.

Corruption by drips and drabs until you're an utterly compromised tool of the worst people running government. I'm convinced there's concerted programs to tempt newcomers, amass material proof of their weaknesses and use that to blackmail them into submission, with wagers among the corruptors over how long it takes to do it.

Like Mortimer and Randolph in the movie "Trading Places" betting a dollar.

With obvious back-dealing going on widening the gap between the well-off and the hard workers scraping by no one should be surprised that this current generation is resentful for being shut out of home-buying, higher education without massive debt and hope for the future - especially painful seeing loop-holed legal immigrants drying up gainful employment and illegals gaming the system on their tax money.