A pedestrian walks near the New York Stock Exchange on Friday. Michael Nagle/Bloomberg/Getty Images
The stock market keeps breaking records, but angst about the economy keeps befuddling politicians.
The wealthy are getting wealthier, but everyone else feels somewhat left behind. The executive editor of CNN Business, David Goldman, published an interesting video in which he compared the difficulty of selling $12 burritos with the fact that $230 iPhone socks — yes, they’re a thing — are a hot item.
I talked to Goldman by email about the concept behind this conundrum, that the US economy is shaped like a K. Our conversation is below, along with his video.
Video Ad Feedback What is the k-shaped economy? 1:15 • Source: CNN
What is the k-shaped economy? 1:15
What is the K-shaped

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