{"id":3662,"date":"2020-10-20T19:36:55","date_gmt":"2020-10-20T19:36:55","guid":{"rendered":"http:\/\/lonecandle.com\/?p=3662"},"modified":"2020-10-20T19:36:55","modified_gmt":"2020-10-20T19:36:55","slug":"the-k-shaped-economic-recovery-explained","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=3662","title":{"rendered":"The K-shaped economic recovery, explained"},"content":{"rendered":"\n<p>\n\n&#8220;wealthier people and those with white-collar jobs are doing fairly well during this \u2014 their jobs are sticking around, they\u2019re cutting some spending, and life is generally fine. Stockholders\u2019 wealth is even going up.<\/p>\n\n\n\n<p>But for less well-off Americans and people who have lost their jobs, it\u2019s different. The stock market isn\u2019t helping them, and for those who are unemployed, expanded unemployment benefits dried up at the end of July. With Congress not in a particular hurry to provide fiscal support, that means a drag on the economy.&#8221;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.vox.com\/policy-and-politics\/2020\/9\/29\/21494818\/k-shaped-economic-recovery-biden-trump-2020-debate\">https:\/\/www.vox.com\/policy-and-politics\/2020\/9\/29\/21494818\/k-shaped-economic-recovery-biden-trump-2020-debate<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;wealthier people and those with white-collar jobs are doing fairly well during this \u2014 their jobs are sticking around, they\u2019re cutting some spending, and life is generally fine. Stockholders\u2019 wealth is even going up.<\/p>\n<p>But for less well-off Americans and people who have lost their jobs, it\u2019s different. The stock market isn\u2019t helping them, and for those who are unemployed, expanded unemployment benefits dried up at the end of July. With Congress not in a particular hurry to provide fiscal support, that means a drag on the economy.&#8221;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[],"class_list":["post-3662","post","type-post","status-publish","format-standard","hentry","category-article-share"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/3662","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3662"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/3662\/revisions"}],"predecessor-version":[{"id":3663,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/3662\/revisions\/3663"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}