How Bible Sales and Chipotle Explain the Economy
The U.S. economy is flashing mixed signals. Interest rates are falling, the stock market is soaring, and yet millions face job cuts, stalled wages, and the threat of losing food assistance amid a government shutdown. The Federal Reserve is struggling to balance inflation control with slowing growth, while political gridlock stalls fiscal relief. What’s emerging is a two-tiered, “K-shaped” economy — one where wealth, technology, and capital keep climbing even as working Americans face mounting instability. Economics writer Kyla Scanlon shares thoughts on our head-on-a-swivel moment in the U.S. in the piece linked below; it’s worth a read if you’re trying to make sense of where we are.
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