K-Shaped “Recovery” Widens Gulf between Haves and Have-Nots (nonprofitquarterly.org)
Back in May, we ran an article in NPQ that noted that “ discussion has abounded as to whether the economic recovery might take the shape of a V (quick recovery), U (long recession), L (very long recession or depression), or W (double-dip recession).” Now, five months later, it appears that the economic “recovery”—such as it is—matches none of these letters. Instead, reports Heather Long in the Washington Post , economists have started to label our economic path a “K-shaped” recovery, so...