The economic data says the American consumer is doing fine. Most people feel the opposite. In this Prof G+ Deep Dive, Scott digs into the K-shaped economy behind that mismatch: why the essentials — housing, healthcare, childcare, insurance — have outrun people’s paychecks, why a real raise no longer feels like enough, and why a growing number of Americans are financing groceries just to get through the month. Plus Scott’s take on what actually fixes it: tax policy that favors workers over owners, trade, and breaking up monopolies.
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