Here's why everyone's talking about a 'K-shaped' economy |
A big reason references to the "K-shaped economy" are popping up so often is that it helps explain an unusually muddy and convoluted period for the U.S. economy. Growth appears solid, yet hiring is sluggish and the unemployment rate has ticked up. Overall consumer spending is still rising, but Americans are less confident. Read more. |
When formal systems stop working, neighbors turn to each other in what many call 'mutual aid' |
Organizers say that interest in local, grassroots initiatives to meet community needs has been growing. Often called "mutual aid," these volunteer-run projects distribute food or organize free exchanges of clothes or household items. Most of the time, they are not incorporated as formal nonprofits. Interest in mutual aid organizing often spikes in response to crises, like the COVID-19 pandemic and now, economic and political uncertainty under the second Trump administration. Read more. |
