From DSC:
Are Economics classes across the United States talking about our current situation? It seems to me that this kind of discussion would be so important, relevant, and thought-provoking. Economics is a complex subject. I know I would have appreciated learning more about the complexities, the pieces, the ingredients, the interrelationships of things in my college years. Seems like there are some solid topics for discussion board postings in here…

ECONOMY
Worries grow over a K-shaped economic recovery that favors the wealthy — from cnbc.com

KEY POINTS
  • As the economy struggles to shake off the pandemic effects, worries are growing that the recovery could look like a K.
  • That would be one where growth continues but is uneven, split between sectors and income groups.
  • One obvious area of concern is the dichotomy of the stock market vs the real economy, especially considering that 52% of the market is owned by the top 1% of earners.
  • “Let’s not get lost on different letters of the alphabet,” Treasury Secretary Steven Mnuchin said. “There are certainly parts of the economy that need more work.”