The rich get richer and the desperate get more desperate

benfell

Recession

Now, they’re calling it a “K-shaped” recovery, as the rich are doing ever better while the poor face ever more hopelessness.[1] For those keeping track, before, they were referring to the shape as a “reverse square root” symbol-shaped recovery and more hoping than actually seeing a “V-shaped” recovery.[2]

Heather Long, “The recession is over for the rich, but the working class is far from recovered,” Washington Post, August 13, 2020, https://www.washingtonpost.com/business/2020/08/13/recession-is-over-rich-working-class-is-far-recovered/

  1. [1]Heather Long, “The recession is over for the rich, but the working class is far from recovered,” Washington Post, August 13, 2020, https://www.washingtonpost.com/business/2020/08/13/recession-is-over-rich-working-class-is-far-recovered/↩
  2. [2]Greg Ip, “A Recovery That Started Out Like a V Is Changing Shape,” Wall Street Journal, July 1, 2020, https://www.wsj.com/articles/a-reverse-square-root-recovery-11593602775↩

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